Chapter
The Risk of a Tech Bank Failure
43:33 - 53:30 (09:56)
If Silicon Valley Bank fails to honor its clients' obligations, there is a risk of a bank run that could lead to a wider financial crisis unless the federal government guarantees accounts from the bank being taken over, argues Jim Cramer.
Clips
Silicon Valley Bank’s backing of startups and other investors is at risk of falling short if cash is not made available within the first 48 or 72 hours of the end of the weekend.
43:33 - 47:02 (03:28)
Summary
Silicon Valley Bank’s backing of startups and other investors is at risk of falling short if cash is not made available within the first 48 or 72 hours of the end of the weekend. This could lead to a crisis resulting in individuals moving their money away from financial institutions that don't have liquid security like cash.
ChapterThe Risk of a Tech Bank Failure
EpisodeE119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The US government is considering using public money to backstop a new bank aimed at supporting Big Tech and billionaires in the innovation economy, creating a complex set of trade-offs between the US and China's innovation economies in the heightening great power conflict.
47:02 - 50:31 (03:28)
Summary
The US government is considering using public money to backstop a new bank aimed at supporting Big Tech and billionaires in the innovation economy, creating a complex set of trade-offs between the US and China's innovation economies in the heightening great power conflict. The $50 billion investment is aimed at supporting a broader range of people and businesses, beyond just a small sliver of the rich and famous.
ChapterThe Risk of a Tech Bank Failure
EpisodeE119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The confusion between big tech and small tech and the unpopularity of the tech industry may cause the government to not step in and regulate, leading to potential risks in the industry.
50:31 - 52:00 (01:29)
Summary
The confusion between big tech and small tech and the unpopularity of the tech industry may cause the government to not step in and regulate, leading to potential risks in the industry.
ChapterThe Risk of a Tech Bank Failure
EpisodeE119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A lack of regulatory follow-through allows for the fragility of small banks because of their level of opacity, which can lead to bank runs.
52:00 - 53:30 (01:29)
Summary
A lack of regulatory follow-through allows for the fragility of small banks because of their level of opacity, which can lead to bank runs.