UnHerd with Freddie Sayers cover image

David Sacks: Is the Silicon Valley Bank deal another bailout?

UnHerd with Freddie Sayers

00:00

Is This a Bank That Serves Silicon Valley?

I think Silicon Valley Bank was a viable and lucrative bank that was worth what, like $20 billion a few weeks ago until they made a couple of stupid investment decisions. The Fed's could have been much more aggressive and it could have nipped this problem in the bud. Now I think the situation is we have to be concerned not just about SVB, but I already know of at least one other bank,. I don't want to say the name, but the runs have already started.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app