(Recorded 03/10/23) Alex Lieberman (@businessbarista) and Jesse Pujji (@jspujji) react and unpack the news about Silicon Valley Bank and its collapse. Jesse goes into where banks fit in the entire financial ecosystem and how they relate to startups. Then, they go into some of the early lessons learned that could apply to business leaders.
#SiliconValleyBank #Startups #Entrepreneur
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Silicon Valley Bank: What Happened and Why?
(00:00): Intro
(01:40): SVB reaction
(05:01): How banks operate for VCs & investors
(13:30): The real issue with SVB
(23:50): What happens to startups & payrolls
(29:01): Could this have been avoided?
(32:36): Final thoughts
(35:11): Startup AMA
