This Week in Startups Silicon Valley Bank collapse recap + Wist CEO on capturing XR memories | E1697
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Mar 13, 2023 The chaos following the collapse of Silicon Valley Bank shakes the startup landscape, prompting urgent discussions on financial strategies for founders. Discover insights on how to prevent future banking crises and the importance of diversified financial practices. Meanwhile, delve into groundbreaking technology with Wist Labs’ CEO, exploring how augmented reality can capture and relive life's most cherished memories. The conversation also touches on the role of generative AI in enhancing personal storytelling and what it means for tech startups today.
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SVB Collapse and Triage
- Jason Calacanis recounts the Silicon Valley Bank collapse and the ensuing chaos.
- He describes the triage efforts to help impacted startups, offering personal loans.
Banking Diversification
- Diversify your funds across multiple banks to avoid over-exposure.
- Maintain enough funds in separate accounts to cover several pay cycles.
3D Memory Capture
- Wist Labs' technology allows capturing memories in 3D using smartphones.
- These captured videos can be relived in AR and VR, creating an immersive memory experience.
