Venture capital firms are already talking about supporting portfolio companies by providing payroll dollars on a zero interest loan basis. So that might keep, at bay, the worry that you just expressed about the further consolidation of power into the big five banks or whatever they are these days. The Fed has not let any of the SIFI banks, the systemically important financial institutions, buy anything since the financial crisis. They're their prudential regulator of Goldman Sachs and JV Morgan Chase, etc., etc.
Kara, Scott, and William D. Cohan are back with a bonus episode to talk through Silicon Valley Bank’s 48 hour collapse. What does its fall mean for tech? Who's to blame? Will depositors be made whole?
You can follow William D. Cohan at @WilliamCohan.
We’ll be back with a regular episode on Tuesday!
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