E119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more

The collapse of Silicon Valley Bank sent shockwaves through the startup ecosystem, with an urgent call for accountability and better risk management in the financial sector. The discussions covered potential contagion effects and the implications for venture capital amidst rising interest rates. They also explored the broader economic impact, including how this crisis might reshape the future of startup funding and the necessity for regulatory intervention. The role of cryptocurrency, particularly stablecoins, emerged as a potential safe haven during financial turmoil.