What Future with Joshua Topolsky cover image

Panic! At The Bank with Felix Salmon

What Future with Joshua Topolsky

CHAPTER

Silicon Valley Bank - It's Too Big to Fail

JP Morgan is a G-Sib, which means it's too big to fail. When I did my startup many years ago, all the VCs who funded it were like, well, you've got to open an account at Silicon Valley Bank. That's the bank that everybody uses. So I know there was an enormous amount of money in Silicon Valley Bank and it was a very storied bank with very serious clients. But just calling it bank Silicon Valley Bank, just to me, suggested that it could fold very easily.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner