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Podcast: Billion Dollar Movesâ„¢ with Sarah Chen-Spellings | Global Venture Capital
Episode: You Are What You Risk—Unpacking the Silicon Valley Bank Collapse & Gray Rhino with Global Best-Selling Author & Risk Expert Michele Wucker
Description: For the Billion Dollar Mover that you are, this is not new news:Silicon Valley Bank; what was said to be the epicenter of Silicon Valley tech and small businesses collapsed on March 10th after a run on the deposits doomed the banks plans to raise fresh capital.At first, there was major concern that this crash will take the VC and startup ecosystem with it, but the gov swooped in and provided a backstop, and scraps of SVB was purchased by First Citizens Bank.Catastrophe averted? Not quite.Today’s ep...