this is a fantastic podcast to learn about the Saas/ VC industry and this is a nice perspective on this INSANE situation, and how to understand it.
Listen.
Now, this is not the most up to date due to the nature of podcasting.
We now know all funds will be available.
The crazy part for me, is that even public companies are at risk right?
I know SVB focuses on start ups, but just because your company is cash flow positive doesnt mean they are safe here. (most likely it DOES but not 100%)
this story is REALLY crazy to me.
Now, i know nothing about crypto, but i feel like all the crypto bros are going to have a field day with this ๐คฃ
here's praying your company didnt have money at SVB.
https://open.spotify.com/episode/34qFYjvBWi4xohtsethSl4?si=HRGO5ycgR6au6yX_HLoC7A 20VC: SVB: What Happened? What Happens Now? Will Depositors Have Deposits Guaranteed? How Long Will It Take? Will There Be a Buyer? Who is the Most Likely Buyer? What is...
Listen to this episode from The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch on Spotify. Jackie Reses is the CEO of Lead Bank and previous Exec Chair of Square Financial Services and Head of Lending and Banking. One of only people to have started a bank as a de no; Only tech company to get approved for a de novo. Chair Economic Advisory Council of SF Federal Reserve. Kris Dickson is the CFO of Lead Bank and previously the CAO / CFO of post-BK Lehman Brothers parent co-estate for 10 years. Lehman Holdco estate has liquidated and distributed $129 billion to unsecured creditors through the end of 2022. In Today's Episode on SVB We Discuss: What Happened? How and why did SVB fail so fast? Was it the result of systemic problems or a series of management mistakes? What role did VCs play in the...
8 comments