Chapter
The Challenge of Venture Debt in a Recession
12:48 - 17:31 (04:43)
Venture debt's historical reliance on continued funding from venture capitalists and a distressed venture debt portfolio presents challenges in the face of a recession.
Clips
Silicon Valley Bank's venture debt portfolio suffered due to declining deposits, assets, and bought bonds that lost value due to the sudden rise in interest rates.
12:48 - 15:32 (02:44)
Silicon Valley Bank
Summary
Silicon Valley Bank's venture debt portfolio suffered due to declining deposits, assets, and bought bonds that lost value due to the sudden rise in interest rates. The bank's historical approach of making money on long-term bond yields and assuming VC funding of their debt-providing companies failed to deliver in this market's downturn.
ChapterThe Challenge of Venture Debt in a Recession
EpisodeE119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The WeWork financial crisis is discussed and its impact on the employees and investors.
15:32 - 17:31 (01:59)
WeWork
Summary
The WeWork financial crisis is discussed and its impact on the employees and investors.