2min chapter

This Week in Startups cover image

Stripe to raise $6B, $SIVB drops 60%, generative AI funding | E1695

This Week in Startups

CHAPTER

Silicon Valley Bank CEO, New York Based Venture Firm USB

New York based venture firm USB this week, Unisquare Ventures Fred Wilson sent an email to founders advising them. The email read do not accept any offers from SBB to keep your money there. Even if they dangle 5% in front of you,. It said, whoa, USB noted had reached out to many of its portfolio companies earlier this year saying it had expected such a situation represented for the firm to find a comment. This is starting to give me flashbacks of that and maybe black swanish kind of event. Do we expect well known, well run banks to be insolvent or have bank runs? That's something I don't think we expected.

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