328: Sneako vs Charlie
The Official Podcast
The Official Podcast
4.9 • 7.5K Ratings
🗓️ 19 March 2023
⏱️ 80 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey all you handsome people listening to this podcast. Do you want to make your own podcast? |
| 0:04.5 | Spotify for podcasters is a totally free platform that lets you record and edit a podcast from |
| 0:09.4 | your phone or computer and then distributes it to Spotify and other major platforms. You can |
| 0:13.8 | also do video podcasts and access a host of interaction tools like polls and Q&A and then you |
| 0:18.8 | can earn money by easily integrating ads and viewer subscriptions. The official podcast primary |
| 0:23.8 | platform has been Spotify for a while now and we wouldn't have it any other way. Check out the |
| 0:28.4 | Spotify for podcasters app or go to www.spodify.com slash podcasters to get started for free. |
| 0:59.3 | All right I'll do it then. It's the official podcast then it's episode 300 and 28 I think |
| 1:13.2 | somewhere in that ballpark and boys I'm just going to kick us off with the topic. The banks are |
| 1:17.8 | dying. We're losing all of our banks now. I'm sure you've all seen what was it? Silicon Valley |
| 1:24.0 | bank, silver gate and signature all completely eight shit. It's a it's a big scary moment now. |
| 1:31.7 | That's where all my money was in those three banks. I'm screwed. That's right. |
| 1:35.4 | Exhaustively those banks. Yeah. I never start up the official startup. We're fucked. |
| 1:43.8 | How difficult is it to make a bank? How many banks are there in America? Like with these |
| 1:48.0 | large banks? So I can give you the order of importance. Silver gate was the smallest signature was |
| 1:55.1 | medium and SVB Silicon Valley bank was the biggest. Now SVB. How big is actually like I think SVB. |
| 2:04.0 | I think SVB had like 60 billion in assets, something in that ballpark. Far more. Far more. |
| 2:09.6 | Was it far more? It was a lot. Like they had a lot. Yeah I imagine it was like mostly like venture |
| 2:15.3 | capitalists in Silicon Valley, right? Like an investment bank kind of. It was tech startups. |
| 2:21.1 | So for example, Roku lost like 463 million and Roblox lost 150 million. The |
| 2:30.1 | Virolbox economies in the shitter now boys. I'll tell you what. Did the president step in on the |
| 2:35.8 | government? Yeah the government had to step in. But Roblox lost 150 million. Yeah that's how |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Official Podcast, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Official Podcast and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

