🚩 David Friedberg & David Sacks on the Gravity of the SVB Collapse

🚩 David Friedberg & David Sacks on the Gravity of the SVB Collapse

“This is basically a Lehman-sized event for Silicon Valley…Unless the Fed steps in here over the weekend, we’re going to see potentially a run on the regional banking system — a cascade like we saw in 2008.”

https://twitter.com/thechiefnerd/status/1634643237783715843

@ChiefNerd