Asia Tech Podcast welcomed David Gritz, a co-Founder and Managing Director of InsurTech NY to the show to do an emergency pod about the situation surrounding Silicon Valley Bank.
Some of the topics that David covered:
- Silicon Valley was not a traditional bank and built services specifically for startups and VCs
- SVB's asset and liability duration mismatch and why it mattered
- Largely repealing Glass-Steagall in 1999 was one of the worst regulatory choices of the last 30 years
- Were some venture capitalists hypocritical in their reaction to SVB's liquidity issues?
- Did VCs have personal money at SVB as well?
- How the lack of finance knowledge of many startup founders contributed to SVB's demise
Other titles we considered for this episode but ultimately rejected:
- Lessons from the Silicon Valley Bank Collapse
- Silicon Valley Bank Collapse Reveals Fundamental Issues in Tech
- Silicon Valley Bank - Implications for Startups and Investors
- Silicon Valley Bank - Lessons Learned and What's Next?
David was also on a recent episode of AIP News RoundUp.
Asia Tech Podcast