Welcome to Peter's special “urgent” edition of "Fearless Media." We’ve all heard the Silicon Valley Bank headlines. But how did Silicon Valley respond and what does it all really mean now that the Feds have guaranteed all deposits? What should impacted investors and entrepreneurs do now? How can we understand how this happened - and steps each of us should take? And what does this mean for the entire banking and financial community (and all of us)?
Peter spoke with Silicon Valley-based finance expert James Gowers of finance and accounting services firm Matcha to find out. James has worked for decades with tech startups and is a graduate of Harvard Business School. Many of his clients banked with Silicon Valley Bank, so he has first-hand knowledge of all of it - in the belly of the beast, so to speak.
So take a listen - and reach out to Peter at peter@creativemedia.biz to connect you with James and get his great financial advice and counsel - and reach out to Peter on the legal side to help you navigate the legal waters. And check out his legal services and business advisory firm Creative Media.
Reach out to host Peter Csathy at peter@creativemedia.biz and follow him on Twitter @pcsathy. Also, check out Peter's entertainment, media and tech-focused legal services and business advisory firm Creative Media. You can also sign up for his free newsletters on Substack - "Fearless Media" (all about the future of entertainment, media and tech) and "AI & NFT Legal Update & Litigation Scorecard" (all about the key legal and business issues and cases to track in the ever-evolving worlds of AI and Web3).
Silicon Valley Bank Post-Mortem (& What Investors & CEOs Should Do Now)