Inside the Silicon Valley Bank Collapse — with Harrison Tang of Spokeo

Harrison founded Spokeo in 2006. It’s a people intelligence service with 15 million unique visitors per day. They had tens of millions of dollars in SVB.

It’s the 9th of March, 2023. The day that the Silicon Valley Bank collapsed.

It was 12.52 pm. And Harrison got a Slack message from his team members about the 60% stock market drop with SVB. 

Harrison didn’t feel that worried about it at first.

But within hours, he went from continuing with his daily meetings to approving a plan B and taking action to withdraw their money from the bank. 

In this episode, Harrison shares the shock that was yet to come as he and his team tried to rescue their money before it was too late.

We discuss

• Remaining optimistic even in tough situations
• Tips for staying calm under pressure
• The power behind preparation

Harrison went from just another day of meetings to dealing with a financial crisis that could have resulted in not being able to make payroll. But he made it through quite easily. 

Tune in for all of the moving parts that made it happen.

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