#ScalaReport: Reported adventures of Big Tech depositors in Silicon Valley Bank. Chris Riegel,CEO, Scala.com.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 17 March 2023
⏱️ 12 minutes
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@Batchelorshow
#ScalaReport: Reported adventures of Big Tech depositors in Silicon Valley Bank. Chris Riegel,CEO, Scala.com.
https://www.ft.com/content/5e4a8dde-c053-4510-8cd9-8aecb9082a6e
Transcript
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| 0:00.0 | I wear a few different hats as a CFO. |
| 0:02.4 | You know, sometimes it's referred to as chief fixing officer. |
| 0:05.8 | Wherever there's a fire in the business, |
| 0:08.0 | you know, I'm often there first. |
| 0:11.5 | Whatever hats CFOs like him run need to wear, |
| 0:14.3 | Sages, tools and insights can make sure they fit. |
| 0:17.8 | Sage, helping business flow. |
| 0:25.1 | This is CBS, I'm the world. I'm John Bats. |
| 0:28.1 | The Scholar Report with CEO Chris Regal of Scholar.com, |
| 0:32.3 | a global technology firm transforming the retail space |
| 0:35.3 | with digital signage, a global technology firm that often has |
| 0:40.0 | conversations with Silicon Valley. |
| 0:42.6 | Chris, a very good evening to Silicon Valley in the news |
| 0:45.4 | because of a failed bank. |
| 0:47.4 | Sixteenth largest, second largest failure, I believe in history, |
| 0:52.8 | but in any event what we're looking at is Silicon Valley, not the bank. |
| 0:57.1 | I read in the Wall Street Journal about strange goings on at Silicon Valley |
| 1:01.3 | bank for years that apparently nobody thought were odd these all goings |
| 1:06.0 | on wine parties, mixers, concierge service. |
| 1:10.8 | However, all those mornings that you would speak to me and afternoons in Silicon |
| 1:16.4 | Valley, you were visiting clients or colleagues or you were looking around |
| 1:21.7 | for what the latest development gizmos were. |
... |
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