4.4 • 1.4K Ratings
🗓️ 7 April 2023
⏱️ 23 minutes
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0:00.0 | I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand. |
0:07.0 | It's time for some money rehab. |
0:15.3 | The startup world is changing. |
0:18.2 | If you're up to date on your money rehab, this is not breaking news. |
0:21.6 | If you're not cut up, let me fill you in. |
0:23.6 | The crash of Silicon Valley Bank has sent ripples through the VC and startup economies. |
0:29.2 | Silicon Valley Bank was the bank of choice for many startup businesses. |
0:32.9 | So at first, it was a major concern that SVB's crash would take the startup world with it. |
0:38.2 | However, the government did swoop in to help businesses who were banking with SVB, and |
0:43.2 | then the scraps of SVB were purchased by first citizens bank. |
0:47.4 | So we're no longer really worrying about a complete upending of the startup scene like |
0:52.0 | we kind of were last month. |
0:54.3 | But some people are speculating that it will be more difficult for businesses to get |
0:58.6 | investor funding because the hullabaloo in the banking world has made everyone more |
1:04.4 | conservative and hold their budgets a little tighter. |
1:08.4 | To all my fellow founders out there who are rolling off the lint from their best suits |
1:13.5 | and ready to start pitching VC firms on San Hill Road or wherever, this door closing |
1:19.6 | might feel extremely stressful. |
1:23.2 | I know that feeling, all too well. |
1:25.8 | But it really doesn't have to feel that way. |
1:28.0 | And that brings me to my guest today, Danielle Pearson. |
1:31.1 | Danielle is the founder of the female focused newsletter company, The New Zet, and Forbes |
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