You Are What You Risk—Unpacking the Silicon Valley Bank Collapse & Gray Rhino with Global Best-Selling Author & Risk Expert Michele Wucker

For the Billion Dollar Mover that you are, this is not new news: Silicon Valley Bank; what was said to be the epicenter of Silicon Valley tech and small businesses collapsed on March 10th after a run on the deposits doomed the banks plans to raise fresh capital. At first, there was major concern that this crash will take the VC and startup ecosystem with it, but the gov swooped in and provided a backstop, and scraps of SVB was purchased by First Citizens Bank. Catastrophe averted? Not quite. Today’s episode is by no means a full breakdown of what happened, but answers this one question : “Was this truly a Black Swan event? as Nassim Taleb explains it or really, a Gray Rhino, as Best-Selling Author, my friend Michele Wucker writes? And today we have her on the show exactly to speak to this - How should you be thinking about risk and what next? About Michele: Strategic advisor and best-selling author Michele Wucker coined the term “gray rhino” as a call to take a fresh look at how we respond to obvious, probable, impactful risks. She founded the Chicago-based advisory firm Gray Rhino & Company and is a former media and think tank executive. Her four influential books include the influential global bestseller THE GRAY RHINO: How to Recognize and Act on the Obvious Dangers We Ignore and the recently released sequel, YOU ARE WHAT YOU RISK: The New Art and Science of Navigating an Uncertain World. Digital links: Twitter @wucker website thegrayrhino.com https://www.linkedin.com/in/wucker/ FOLLOW SARAH: LinkedIn: https://linkedin.com/in/sarahchenglobal Instagram: https://instagram.com/sarahchenglobal Twitter: https://twitter.com/sarahchenglobal -- Billion Dollar Moves is THE show for the audacious next generation leader; featuring the top US-Asia funders & founders. From the growing pains of a unicorn journey to IPO, scaling a venture capital firm, we cover it all in the world of venture & business. Learn from the crème de la crème so YOU too, can make #billiondollarmoves — in venture, in business, in life. -- PODCAST INFO: Podcast website: https://sarah-chen.com/billion-dollar-episodes Watch on Youtube: https://tinyurl.com/sarahchenglobal Join the community: https://sarah-chen.ck.page/billiondollarmoves