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4min chapter
SVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture
My First Million
Is Peter Thiel the Bad Guy in the Situation?
Peter Thiel was one of the people in Silicon Valley that was like, this is not good. Everybody take your money out. And then all the other venture firms heard that and sent emails to their portfolio companies saying the same thing. So really they caused the bank run. You're an investor in a bunch of funds, like maybe what, like 15 or so big venture funds. Did they have their money tied up? Or is that just my conspiracy?
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