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27:30
Jon and Peter talk about the hottest topic- SVB Crash.
- Peter breaks down what led to the crash
- We look at how exposed were VCs to Silicon Valley Bank?
- Jon asks Peter to explain Capital calls, and how most VCs only have 2% on hand each time
- Silicon Valley bank offered loans to VCs. What will happen moving forward?
- Will VCs have to increase cash on hand?
- Are VCs doubling down on prior investments or picking new ones while valuations are correct?
Do follow us on Instagram and share how you feel about SVB situation.
Follow Peter Harris
Twitter: https://twitter.com/thevcstudent
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Youtube: https://youtu.be/Hy9DsuFzTH4
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