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Do You Think We're Going to Have an F?
The big banks are not actually set up to take care of these small businesses. We're probably never going to have a depositor wipe out ever again in this country based on what we just witnessed today. I don't think that's, I think that's what it's just what does this do?
On this special episode of Live from The Compound, Samir Kaji (CEO and co-founder of Allocate) joins Michael Batnick and Josh Brown to discuss the collapse of Silicon Valley Bank and the impact it could have on the banking system and the stock market.
Samir Kaji was a Senior Managing Director at First Republic from 2012-2021 where he founded and led a 40 person+ group and worked with over 700 private equity and venture capital firms. Prior to his time at First Republic, Samir spent 13 years at Silicon Valley Bank. As part of the senior leadership team within SVB's venture fund services group, he worked with venture capital and private equity firms covering firms such as Sequoia Capital, Francisco Partners, Lightspeed Partners, IVP,, Venrock, and Founders Fund. Samir also hosts the popular Venture Unlocked Podcast, where he interviews venture capital fund managers and limited partners. Samir is also a graduate of the prestigous Kauffman Fellows venture capital program.
Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com
Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.
Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.
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