Jason Calacanis

I'm going to go safe bet.

And we saw this Silicon Valley bank essentially had mistimed their allocations with treasuries, I guess.

And we saw this Silicon Valley bank essentially had mistimed their allocations with treasuries, I guess.

And what happened?

And what happened?

They had a run on the bank.

They had a run on the bank.

Literally I was in a board meeting and in the board meeting on, I think it was a Thursday and the run happened Thursday afternoon.

Literally I was in a board meeting and in the board meeting on, I think it was a Thursday and the run happened Thursday afternoon.

I get a text like, get your money out of Silicon Valley Bank.

I get a text like, get your money out of Silicon Valley Bank.

I'm in the board meeting.

I'm in the board meeting.

We're having, it's on the docket, like the third thing is to talk about Silicon Valley Bank.

We're having, it's on the docket, like the third thing is to talk about Silicon Valley Bank.

And we have 100% of our money in there.

And we have 100% of our money in there.

Two of the board members are like, we can't just take all the money out of Silicon Valley Bank.

Two of the board members are like, we can't just take all the money out of Silicon Valley Bank.

They've been incredible partners for 30 years.