There are 5,000 banks in the US. There's only one right now that is in this situation. Is it just a coincidence that it's Silicon Valley bank? Could you be well of been any other? Or is the culture of Silicon Valley, which is awash with money, kind of confident and happy with what other people would consider risks that normal people wouldn't want to take?"
UnHerd's Freddie Sayers is joined by PayPal co-founder David Sacks to examine the fallout from the collapse of SVB Bank.
Read the Post here
Hosted on Acast. See acast.com/privacy for more information.