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

<p>(0:00) Bestie intro!</p> <p>(1:57) Overview of the SVB collapse and bank run</p> <p>(17:53) Who or what is to blame? Debating venture debt</p> <p>(37:11) Contagion risk, second- and third-order effects, government backstops</p> <p>(1:00:36) What does this mean for the VC industry? Silicon Valley panic cycle, advice for founders</p> <p>Follow the besties:</p> <p><a href= "https://twitter.com/chamath">https://twitter.com/chamath</a></p> <p><a href= "https://linktr.ee/calacanis">https://linktr.ee/calacanis</a></p> <p><a href= "https://twitter.com/DavidSacks">https://twitter.com/DavidSacks</a></p> <p><a href= "https://twitter.com/friedberg">https://twitter.com/friedberg</a></p> <p><a href= "https://twitter.com/altcap">https://twitter.com/altcap</a></p> <p>Follow the pod:</p> <p><a href= "https://twitter.com/theallinpod">https://twitter.com/theallinpod</a></p> <p><a href= "https://linktr.ee/allinpodcast">https://linktr.ee/allinpodcast</a></p> <p>Intro Music Credit:</p> <p><a href="https://rb.gy/tppkzl">https://rb.gy/tppkzl</a></p> <p><a href= "https://twitter.com/yung_spielburg">https://twitter.com/yung_spielburg</a></p> <p>Intro Video Credit:</p> <p><a href= "https://twitter.com/TheZachEffect">https://twitter.com/TheZachEffect</a></p> <p>Referenced in the show:</p> <p><a href= "https://www.fdic.gov/news/press-releases/2023/pr23016.html">https://www.fdic.gov/news/press-releases/2023/pr23016.html</a></p> <p><a href= "https://s201.q4cdn.com/589201576/files/doc_downloads/2023/03/r/Q1-2023-Investor-Letter.FINAL-030823.pdf"> https://s201.q4cdn.com/589201576/files/doc_downloads/2023/03/r/Q1-2023-Investor-Letter.FINAL-030823.pdf</a></p> <p><a href= "https://s201.q4cdn.com/589201576/files/doc_downloads/2023/03/Q1-2023-Mid-Quarter-Update-vFINAL3-030823.pdf"> https://s201.q4cdn.com/589201576/files/doc_downloads/2023/03/Q1-2023-Mid-Quarter-Update-vFINAL3-030823.pdf</a></p> <p><a href= "https://twitter.com/garrytan/status/1634260576431136768">https://twitter.com/garrytan/status/1634260576431136768</a></p> <p><a href= "https://seekingalpha.com/article/4565388-svb-financial-blow-up-risk"> https://seekingalpha.com/article/4565388-svb-financial-blow-up-risk</a></p> <p><a href= "https://www.youtube.com/watch?v=Ymo6Yzjv_KY">https://www.youtube.com/watch?v=Ymo6Yzjv_KY</a></p> <p><a href= "https://www.bloomberg.com/news/articles/2023-03-10/treasury-closely-watching-siliconvalley-bank-share-plunge"> https://www.bloomberg.com/news/articles/2023-03-10/treasury-closely-watching-siliconvalley-bank-share-plunge</a></p> <p><a href= "https://www.cbsnews.com/news/janet-yellen-ukraine-treasury-secretary-kyiv-visit-volodymyr-zelenskyy"> https://www.cbsnews.com/news/janet-yellen-ukraine-treasury-secretary-kyiv-visit-volodymyr-zelenskyy</a></p> <p><a href= "https://twitter.com/Rippling/status/1634201986894577665">https://twitter.com/Rippling/status/1634201986894577665</a></p> <p><a href= "https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program">https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program</a></p> <p><a href= "https://www.wsj.com/articles/bond-losses-push-silicon-valley-bank-parent-to-raise-capital-125e89d4"> https://www.wsj.com/articles/bond-losses-push-silicon-valley-bank-parent-to-raise-capital-125e89d4</a></p> <p><a href= "https://dfpi.ca.gov/wp-content/uploads/sites/337/2023/03/DFPI-Orders-Silicon-Valley-Bank-03102023.pdf?emrc=bedc09"> https://dfpi.ca.gov/wp-content/uploads/sites/337/2023/03/DFPI-Orders-Silicon-Valley-Bank-03102023.pdf?emrc=bedc09</a></p> <p><a href= "https://www.google.com/finance/quote/IAT:NYSEARCA">https://www.google.com/finance/quote/IAT:NYSEARCA</a></p>