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The Bank Run of 2023

The Compound and Friends

00:00

The VC Industry Is a Herd Mentality, Right?

The CEO of SVB goes to this group of does a 10 minute zoom call with all these venture capitalists and says, you know, here's what's going on. He probably said two things that I think spook people. The first thing is calm down. Let's not panic. The second is you need to support us. And so once that started and ever, I think you've read the headlines of Peter Teal and his founders fund,. You know, ringing the bell.

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