There are important downstream consequences of a Silicon Valley bank failure, which could include payment processing companies, payroll companies, and other businesses that use Silicon Valley bank's infrastructure.
The government is considering taking over the bank to ensure the safety of depositors' money.
This is a complicated issue that affects not just the United States, but China as well.
(0:00) Bestie intro!
(1:57) Overview of the SVB collapse and bank run
(17:53) Who or what is to blame? Debating venture debt
(37:11) Contagion risk, second- and third-order effects, government backstops
(1:00:36) What does this mean for the VC industry? Silicon Valley panic cycle, advice for founders