Episode of My First Million with Sam Parr and Shaan Puri.
Topics
- Introduction and Personal Impact of the SVB Collapse
- The Mechanics and Viral Nature of the SVB Bank Run
- SVB’s Financial Mismatch and the Role of Venture Debt
- Why Startups Were Forced to Use Silicon Valley Bank
- The Government’s Response and the Systemic Risk Argument
- The FDIC, Bailouts, and the Importance of Banking Faith
- Winners of the Crisis: Mercury, Brex, and the Fed’s New Program
- The Fall of Allbirds and the D2C Fashion Trap
- Native Deodorant vs. VC-Funded D2C Models
- Investment Strategy: Squarespace and Activist Investing in Wish
- The SPAC Era and Chamath Palihapitiya’s Reputation
- The Concept of a ‘Good Quest’ vs. Easy Quests
- Business Ideas in Healthcare: Remote Monitoring and Smart Toilets
- Distribution-First Business Models: The Nelk Boys and Happy Dad