SVB Collapse: What Should Startups Do Now?

The transcript discusses the impact of the Silicon Valley Bank (SVB) crisis on portfolio companies and the broader startup ecosystem. It highlights the importance of staying calm, sharing information, and supporting founders during this challenging time. The discussion covers the fund's relationship with SVB, concerns about operational cash needs and mental health, and the proposal to provide cash as a stopgap solution. Emphasis is placed on the importance of open communication and leadership. The outlook for early-stage startups is considered more positive, with a focus on long-term investment strategies.

What percentage of the portfolio companies are involved with SVB?

• 30%

• 50%

• 70%

• 10%

What is the speaker's main advice to founders during the SVB crisis?

• Invest in new ventures

• Stay calm and informed

• Panic and withdraw funds

• Ignore the situation

What solution does Sam Altman propose for startups facing financial difficulties?

• Invest in new technology

• Expand to new markets

• Provide cash as a stopgap

• Hire more employees

What is the main concern for startups regarding payroll processing?

• Inability to make payroll

• Increased competition

• Lack of skilled workers

• High employee turnover

How are early-stage startups affected compared to those in later funding rounds?

• They are equally affected

• They are unaffected

• They are less affected

• They are more affected