Welcome back to The Stratosphere after a wild few days. Today, an inside look at how Ron Conway and other tech luminaries in Silicon Valley raced to convey the significance of SVB to Washington.
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Welcome back to The Stratosphere after a wild few days.
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One of the conceits of this publication is that the upper echelons of society are much more interconnected than you’d think. The crisis at Silicon Valley Bank, and the role of people like Ron Conway behind the scenes, is a case study that proves that thesis.
Today, an inside look at how Conway and other tech luminaries in Silicon Valley raced to convey the significance of SVB to Washington. Conway wasn’t the white knight in resolving this crisis—everyone from conservative David Sacks to progressive Ro Khanna (the recipient of an upcoming Sacks fundraiser, himself) played a part. But Conway muscled his way around the D.C. stratosphere like few can.
Can’t see the full story? You’re receiving the free version of The Stratosphere at . For full access to Puck, and to each of my colleagues, you can subscribe here.
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| The Ron Conway Bailout |
| Was the insidery uber-angel the factor—with his last-minute call to Kamala, intimate dinners with Obama, and furtive emails to Andreessen—in getting the White House to truly perceive the horrors of an SVB collapse? |
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| On Friday night, Ron Conway found himself at dinner in San Francisco with Nancy Pelosi and Barack Obama, offering the two Democratic monarchs something of a tutorial on the sudden failure of Silicon Valley Bank. Sure, Conway was talking to Joe Biden’s former boss, and perhaps the most important lawmaker in America. But as the so-called Godfather of Silicon Valley who has worked in the industry longer than SVB has even existed, he understood the bank’s interconnectedness more intimately than anyone else—the manner in which the bank provided the liquidity for the broader tech economy... |
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| FOUR STORIES WE’RE TALKING ABOUT |
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| A.O.C. 2.0 |
| Notes on the enticing—if perplexing—transformation of A.O.C. |
| TARA PALMERI |
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| Dafna Punk |
| On the quasi-mysterious departure of Politico’s executive editor. |
| DYLAN BYERS |
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Can’t see the full story? You’re receiving the free version of The Washington Mall at . For full access to Puck, and to each of my colleagues, you can subscribe here.
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