4min chapter

This Week in Startups cover image

Silicon Valley Bank collapse recap + Wist CEO on capturing XR memories | E1697

This Week in Startups

CHAPTER

Is This Going to Be a Full Contagion?

I saw Silicon Valley bank and I saw first Republic Bank and then I saw other banks. All of a sudden people were like you know what? Just go to the top four. It became clear within 36 hours that this was not going to be one or two banks. People started to hear that there were predatory hedge funds offering Silicon Valley bank customers 60 or 70 cents on the dollar. This literally is the plot of its wonderful life it serves me to correct maybe since I've seen it for 10 years.

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