2min chapter

My First Million cover image

SVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture

My First Million

CHAPTER

What's the Big Deal?

The CEO of Silicon Valley Bank woke up Thursday morning and was like, what's the big deal guys? This is going to be fine. On top of that, you can now do online banking and just quickly log into your phone or your laptop and wire out $70 million. You don't even need to go to the bank. Like normally it's like bank run, there's going to be a huge line. But in this case, everybody talks about it. Everybody moved it out digitally and word started spreading. It just felt like it's the end of the world, you know, move now.

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