Chapter
Silicon Valley Bank's Glitchy System
25:16 - 30:18 (05:01)
The Silicon Valley bank's system is facing issues with its ATM, causing inconvenience to customers' withdrawing money, but the CEO stated that it wasn't a problem, sparking off a controversy.
Clips
Even before Wednesday, startups were withdrawing money every week to pay payroll, leading to a problem.
25:16 - 26:39 (01:23)
Summary
Even before Wednesday, startups were withdrawing money every week to pay payroll, leading to a problem. The CEO of Silicon Valley bank was surprised at the panic that had been caused by their announcement of raising 1.8 billion.
ChapterSilicon Valley Bank's Glitchy System
EpisodeSVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture
PodcastMy First Million
The pace of business in today's world is so much faster than ever before.
26:40 - 27:52 (01:12)
Summary
The pace of business in today's world is so much faster than ever before. $42 billion was withdrawn from Silicon Valley Bank in just one day, a record that highlights the speed at which the finance industry moves.
ChapterSilicon Valley Bank's Glitchy System
EpisodeSVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture
PodcastMy First Million
In this episode, the host discusses the power and influence of Peter Thiel, known as the "Godfather of Silicon Valley", with a guest.
27:52 - 29:02 (01:09)
Summary
In this episode, the host discusses the power and influence of Peter Thiel, known as the "Godfather of Silicon Valley", with a guest. They touch on Thiel's ideas for successful startups, as well as his involvement in controversial events like the Gawker lawsuit.
ChapterSilicon Valley Bank's Glitchy System
EpisodeSVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture
PodcastMy First Million
The speaker argues that Peter Thiel is not the bad guy in the situation and that his decision to move to LA might signal a potential shift for investors from Silicon Valley to other areas.
29:03 - 30:18 (01:15)
Summary
The speaker argues that Peter Thiel is not the bad guy in the situation and that his decision to move to LA might signal a potential shift for investors from Silicon Valley to other areas.