With the collapse of Silicon Valley Bank last Friday and Signature Bank today, what has regulators concerned about banks with over-exposure to assets in certain tech sectors? The image results from Samsung’s 100x “Space Zoom” feature on its smartphones is accused of being “fake”.
Bank Runs Are My Business, And Business is Good - GDI 4475 starts at 32:29
So where is all the panic happening? Rich can't confirm the moon. The SVB discussion continues. So many factions. So much economy talk. Would you help or be stuck? The failure is legion. Do you know your risk profile? Do you trust your bank? So many billions. Most of us don't have extra money just to throw. Sometimes being too safe is not the best option. Was crypto right all along? The group discusses the best and worst case scenario after all this. Could all this help with the student loan reduction plan? Are we heading to a VC freeze? Could all this eventually be turned into a movie?
Starring Tom Merritt, Rich Stroffolino, Molly Wood, Chris Ashley, Roger Chang, Joe.
Link to the Show Notes.
Quick Hits:
https://www.ign.com/articles/xbox-confirms-it-wont-be-on-e3-showfloor-will-co-stream-digital-week
https://dailytechnewsshow.com/2023/02/23/prompt-and-circumstance-dtns-4463/
Top Stories:
https://www.theverge.com/2023/3/13/23637401/samsung-fake-moon-photos-ai-galaxy-s21-s23-ultra
Join the Discord: https://www.patreon.com/dtns
Discussion Story:
https://stratechery.com/2023/the-death-of-silicon-valley-bank/
https://techcrunch.com/2023/03/13/bitcoin-rallies-18-percent-in-wake-of-svb-crisis/
https://www.axios.com/2023/03/13/jp-morgan-pnc-among-suitors-for-svb-holding-company
https://www.wired.com/story/silicon-valley-bank-collapse-fallout/
Today’s guest:
Chris Ashley
@BigChrisAshley
@bigcashley@mstdn.social
Molly Wood
https://mollywood.substack.com/
@mollywood
Next guest:
Patrick Norton
@PatrickNorton
Show Links:
http://dailytechnewsshow.com/ntx
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http://frogpants.com/currentgeek