2min chapter

a16z Podcast cover image

The PPP Omnibus: Eminent Domain, Fraud, and Fintech

a16z Podcast

CHAPTER

Are You Getting a Pay Check Protection Loan Because You're Rich?

If more money is going into your bank account after coven than before coven, that's a pretty good hint that you probably shouldn't be getting any kind of assistance from the government. The most unfortunate thing about this entire situation is the government did end up picking winners and losers. Where mamand pop retail just got evicerated, and target just announced their best quarter ever. It's like this giant transfer of wealth from a lot of small businesses to large businesses. But i think the larger point stands, which is that if you care about helping workers, then you shouldn't really care whether that worker happens to work at a really big company or a really small company.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode