
E119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
All-In with Chamath, Jason, Sacks & Friedberg
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Crisis at Silicon Valley Bank
This chapter examines the financial turmoil surrounding Silicon Valley Bank and its impact on startups amidst rising interest rates. It discusses the urgent need for regulatory interventions to mitigate cascading failures in the banking system, as well as the dire consequences for companies unable to access funds. The dialogue reflects on the complexities of potential bailouts and the implications for innovation and public support in the tech sector.
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