What does Silicon Valley Bank's collapse mean for the data industry?
Unpacking the demise of every founder's favorite checking account with Lauren Balik and Mary MacCarthy - aka The Tech Bros
I personally know many people who have had their lives upended by events over the weekend with Silicon Valley Bank’s collapse and the government’s rush to guarantee depositors while taking control of the bank. It’s a shocking turn of events driven by macroeconomic conditions, the actions of the Fed and the unwise investment and liquidity decisions of SVBs leadership. Or at least that’s how it seems to me.
The thing about events like this is they are hard to unpack in the moment. What seems inevitable in hindsight is only visible beforehand to those with incredible foresight. I am not one of those people - but I’m lucky enough to know them.
Which is why I’m sending out this brief update. It just so happens that we have Lauren Balik and Mary MacCarthy - aka The Tech Bros - scheduled to appear on Super Data Show this week. Lauren and Mary have been sounding the alarms about the venture funded data industry for a long time now, and do have the vision and knowledge to help you understand what is happening, why it happened and what impact we can expect as data people.
So join us LIVE at 12:00PM Eastern this Wednesday, March 15th for an hour long livestream to get your questions answered, or catch it on demand on YouTube. It’s a wild and scary week in the data world and while I don’t think The Tech Bros will offer us much comfort, they will give it to us straight.
PS. I’ll just say one more time about Lauren and Mary - their show is ridiculously good. I can’t think of a better set of guests to have on Super Data Show this week and I hope you get a chance to tune in.
PPS. The implications of hosting this podcast on the Ides of March is not lost on me. Et tu Jerome Powell?