The Fallout from Silicon Valley Bank's Failure — With Om Malik and Chris Tolles

Big Technology Podcast

Alex Kantrowitz

Management, Religion, Politics, Entrepreneurship, Business News, News, Investing, Marketing, News Commentary, Social Sciences, Science, Society & Culture, Religion & Spirituality, Business, Tech News, Philosophy, Government, Technology

4.7 • 596 Ratings

🗓️ 15 March 2023

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

Om Malik is a partner emeritus at True Ventures and a former tech journalist. Chris Tolles is a Silicon Valley entrepreneur and former CEO of Topix. The two longtime tech insiders join Big Technology Podcast to discuss the aftermath of Silicon Valley Bank's collapse. We cover not only what the bank meant to the tech industry — and how its failure will change the landscape — but why so many people were happy to see it fail, and sought to prevent a bailout. Join us for a nuanced discussion of Silicon Valley's place in society, and whether it can continue operating effectively with its favorite bank in shambles. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	LinkedIn Presents.
0:14.6	Welcome to Big Technology Podcast, a show for cool-headed, nuance conversation, of the tech world and beyond.
0:20.6	We're joined today by two Silicon Valley insiders who spent a long time working in tech
0:25.1	and will have some serious insight to share on not only what happened with Silicon Valley
0:30.4	Bank's failure, but the fallout and where we go from here.
0:34.0	We are joined by O'Ma Leake, a former tech journalist and a partner at Emeritus at True
0:40.2	Ventures and Chris Tolls, former CEO of Topics and a current Silicon Valley executive. Look,
0:47.9	this is a conversation that's going to go not only to what happens to the bank and the banking in
0:53.7	Silicon Valley after this,
0:55.2	but also why was there such a backlash to Silicon Valley?
0:59.6	Why did people want these companies and the bank to fail?
1:02.6	What does it mean for the Valley?
1:04.5	And were there people rooting for it to fail?
1:07.0	Also, we look into the behavior of the venture capitalists that were so vocal.
1:12.0	And we ask basically to Silicon Valley needs of new spokespeople.
1:15.9	What was happening behind the scenes?
1:17.3	And why were some of the loudest voices, seemingly some of the ones that should have been the least trusted?
1:23.9	This is going to be a great conversation.
1:26.0	And I think you're going to get a ton out of it and come away knowing a lot more not only about what happened again, but what's going to go on from here and the challenges the tech industry faces.
1:38.6	My conversation with Ome and Chris right after this.
1:43.4	Will AI improve our lives or exterminate the species?
1:48.1	What would it take to abolish poverty?
	...

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