S&B didn't have a risk risk risk officer for all 2022. They can be more de-gen as we would call it. The equivalent of de-gen for original bank portfolio management, right? Which is 1.5% 10 year bonds. So that's basically what happened. But then like you mentioned, you don't anticipate how quickly SDB is very specific to because it caters tech and startups, which are all on Twitter.
Trung & Bilal discuss Balaji's $1m Bitcoin bet, the banking crisis, Ryan Reynolds business empire, Trung’s meme going super viral and GPT-4.
Timestamps:
- (00:00:00) - Intro
- (00:04:11) - Meme of the Week
- (00:08:50) - The Backstory to Trung’s Tweet
- (00:11:31) - How a meme goes viral
- (00:13:11) - Balaji's Background
- (00:15:28) - Balaji's $1m Bitcoin Bet
- (00:16:55) - Banking Crisis Explained
- (00:21:57) - SVB Post-Mortem
- (00:27:03) - Infinite Money Printing Back?
- (00:32:36) - Swap Lines Explained
- (00:36:32) - Trung's take on Balaji’s Argument
- (00:41:28) - Bilal’s take on Balaji’s Argument
- (00:47:54) - Doing it for the meme?
- (00:50:28) - Hyperbitcoinization?
- (00:53:29) - Ryan Reynolds Business Empire
- (00:55:30) - Van Wilder
- (00:57:06) - Deadpool and Aviation Gin
- (00:59:39) - Fastvertising
- (01:01:08) - Mint Mobile and MVNO Businesses
- (01:04:38) - Wrexham F.C.
- (01:07:26) - Bearly A.I. Plug
- (01:08:00) - GPT-3 vs GPT-4
- (01:09:17 ) - Microsoft Copilot
What Is Not Investment Advice?
Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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