SVB, SBF and (more) OpenAI: The 2023 chronicles, pt. 2

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Howdy and welcome again to Equity, a podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

That is the second of a two-part collection wanting again at 2023. Mary Ann and Alex known as on two colleagues to assist us chat by way of a few of the yr’s largest occasions. Right here’s what we bought into!

• The decline and fall of SVB: A lot has occurred for the reason that chaos at Silicon Valley Financial institution unfolded earlier this yr, however the sudden and surprising downfall of what was successfully the household financial institution of tech despatched waves all through the worldwide expertise panorama. Enterprise was impacted, public corporations had been impacted and a few startups really bought a lift!
• Chaos at OpenAI: One other weekend-powered interval of excessive drama in tech this yr was the defenestration of Sam Altman from his function at OpenAI, just for the tide to thoroughly flip briefly order, Altman again to the co, and a lot of the of us who wished him out gone themselves. This one remains to be growing, so we had Devin Coldewey on to assist us perceive what’s coming subsequent.
• SBF’s trial: It was lengthy. It was tedious. It was sometimes very fascinating. However ultimately, former FTX CEO Sam Bankman-Fried was discovered super-duper responsible for numerous monetary crimes referring to his now-failed crypto trade. We invited Jacquie Melinek again on the present to revisit the saga with us.

You will discover half one in all our year-end roundup right here if you happen to want much more! And don’t neglect, Fairness has much more nice stuff coming your approach, so stick near your favourite podcast app.