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4min chapter
SVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture
My First Million
The Biggest Bank Failure in American History
There is some, there's a real problem with the Silicon Valley balance sheet because of the depositors taking money out in general. I think if they'd done a better job of that, they wouldn't have gone, wouldn't be dead today. And to Sean's point around just the speed of this happening: In 2008, $10, $17 billion was removed from Washington Mutual in 10 days. And in Silicon Valley bank, it was $42 billion in one day on Thursday. Just the speed with which business happens is so much faster now.
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