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Banking crisis impact, more Meta cuts, and GPT-4 with Sunny Madra and Vinny Lingham | E1700
This Week in Startups
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The biggest issue is that the regulator, this is a regulatory failure. The regulators failed in two counts in my opinion with Silicon Valley Bank. And for kids who basically were in high school with a financial crisis, if that, maybe even in elementary school, they don't know how the **** plays out. There's no way you can expect interest rates not to rise within a 10-year cycle. It just doesn't work that way. We need to have the fastest rate hikes in the history. I think as well said, Vinny, and Sonny adding to that, you have the Fed losing credibility. They're saying inflation is transitory but it's not. And it's acute and
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