All-In with Chamath, Jason, Sacks & Friedberg

E120: Banking crisis and the great VC reset

Mar 17, 2023

01:30:05

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Highlights

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Episode notes

The Future of Banking: Pay for Services

01:08

The Return of the Product Driven Founder

01:16

Stripe took a 50% haircut

01:22

Ron DeSantis: The New Ron Paul

01:20

The Sultan of Science, the Prince of Panic Attacks, the Queen of Kinwah, and David Friedberg

5min

The Scandal of the Banking Crisis

3min

The Fed's Decision to Intervene on Credit Suisse

2min

The Second Wave of Panic at Credit Suisse

4min

The Role of Inflation in the Global Economy

4min

The Six Parties to Blame for the Banking Crisis

3min

The Complex Relationship Between VCs and Silicon Valley Bank

4min

The Fed Created a Buyer of Last Resort

4min

The Fed's Emergency Position on Inflation

4min

10.

The Importance of Democracies

5min

11.

The Discipline of Depositors

2min

12.

The Feds Screwed Up the Banking System

2min

13.

The Cost of Cryptocurrency

5min

14.

The Cost of Banks Taking Deposits Out of the System

2min

15.

The Risks of Investing in Money Market Funds

2min

16.

The Failure of Startup Spying T Bills

4min

17.

The Disadvantages of Y Combinator

2min

18.

The Hard Reset of VC in 2021

4min

19.

The J Curve and the Wipeout of Venture Capital

5min

20.

The Magic of Silicon Valley

4min

21.

The Future of Superconductivity

3min

22.

The Controversy of Ranga Diaz's New Hydride

4min

23.

How to Spin a Startup Into a Natural Company

2min

24.

The Importance of Fundamental Research

5min

25.

The Soft Landing Concept is Over

2min

26.

The Rain Man and the Sultan of Science: The Prince of Panic Attacks

4min

(0:00) Bestie intro!

(1:35) Recapping the events of the past week

(5:39) Understanding the banking crisis

(32:55) Solving the global debt problem, righting the ship

(54:20) VC market update: Founders Fund splits its eighth fund in two, Sequoia's reported returns, YC cuts its growth-stage team

(1:08:36) Science corner: Superconductors

(1:24:56) DeSantis update, Ukraine spending run rate, bestie wrap!

Follow the besties:

https://twitter.com/chamath

https://linktr.ee/calacanis

https://twitter.com/DavidSacks

https://twitter.com/friedberg

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

https://twitter.com/yung_spielburg

Intro Video Credit:

https://twitter.com/TheZachEffect

Referenced in the show:

https://seekingalpha.com/article/4565388-svb-financial-blow-up-risk

https://www.wsj.com/articles/easy-loans-great-service-why-silicon-valley-loved-silicon-valley-bank-6b3f203e

https://www.wsj.com/articles/the-silicon-valley-bank-bailout-chorus-yellen-treasury-fed-fdic-deposit-limit-dodd-frank-run-cc80761e

https://www.bloomberg.com/news/articles/2023-03-16/credit-suisse-got-its-lifeline-now-it-needs-to-win-back-clients

https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-top-shareholder-rules-out-more-assistance-to-bank-lf9gfhbr

https://www.nytimes.com/live/2023/03/16/world/france-pension-vote#france-pension-vote

https://www.politico.eu/article/police-fire-dutch-farmer-protest-nitrogen-emission-cut

https://www.bbc.com/news/uk-england-london-64968795

https://www.treasurydirect.gov

https://www.axios.com/2023/03/03/founders-fund-slashes-vc-peter-thiel

https://www.axios.com/2023/03/15/stripe-50-billion

https://www.businessinsider.com/sequoia-capital-venture-capital-returns-university-of-california-2023-3

https://www.wsj.com/articles/tiger-global-writes-down-venture-funds-bets-by-33-in-2022-3f9f6ade

https://techcrunch.com/2023/03/13/y-combinator-cuts-nearly-20-of-staff-scales-back-growth-stage-investments

https://twitter.com/Jason/status/1633570102326202368

https://www.nature.com/articles/s41586-023-05742-0

https://youtu.be/4lE8QWtrEvQ

https://www.theatlantic.com/ideas/archive/2023/03/desantis-ukraine-pro-russia-position-gop-presidential-nomination/673392

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All-In with Chamath, Jason, Sacks & Friedberg

E120: Banking crisis and the great VC reset

The Future of Banking: Pay for Services

The Return of the Product Driven Founder

Stripe took a 50% haircut

Ron DeSantis: The New Ron Paul

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

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Discoverhighlights

Get the Snipd
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highlights

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moment

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