Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Lessons Learned From a Bank Run (Peter Hébert & Laurence Tosi) + SVB's Marc Cadieux

Lessons Learned From a Bank Run (Peter Hébert & Laurence Tosi) + SVB's Marc Cadieux

FromNewcomer Podcast


Lessons Learned From a Bank Run (Peter Hébert & Laurence Tosi) + SVB's Marc Cadieux

FromNewcomer Podcast

ratings:
Length:
52 minutes
Released:
Mar 21, 2024
Format:
Podcast episode

Description

We’ve got two great sessions from the Newcomer Banking Summit for you: * First up, WestCap Group founder Laurence Tosi and Lux Capital co-founder Peter Hébert. They give an unvarnished account of the collapse of Silicon Valley Bank with the benefit of hindsight. “It was like the banking equivalent of the U.S. withdrawal from Afghanistan,” Hébert said. “It was absolute sheer terror.”* We follow that up with Silicon Valley Bank President Marc Cadieux, who talks about where SVB is today and fields questions about all the new competition his reconstituted bank, now owned by First Citizens, is facing.I thought Tosi and Hébert’s talk was the spiciest of the day. And Cadieux was the man of the hour. I wanted to know where his head was at one year after the crisis. You can give the episodes a listen or watch them on YouTube. Breaking the Bank: BCV’s Matt HarrisIf you missed it, yesterday I published a talk from Bain Capital Ventures’ Matt Harris. In the headline, I made a mortifying error and used the acronym of another VC firm. Harris is Bain Capital Ventures’ fintech guru; he gave a great presentation and I had nightmares last night about my mixup. Apologies!Here’s that talk: Get full access to Newcomer at www.newcomer.co/subscribe
Released:
Mar 21, 2024
Format:
Podcast episode

Titles in the series (100)

A podcast about Silicon Valley, hosted by newsletter writer Eric Newcomer and Tom Dotan, with Katie Benner as a regular special guest. www.newcomer.co