Silicon Valley Bank.....has this happened before? The rest of the last episode.

1
00:00:00,500 --> 00:00:01,100
Yeah.
And here.

2
00:00:01,100 --> 00:00:06,600
Wow, it's been crazy.
We expect to see some crazy on

3
00:00:06,600 --> 00:00:10,000
Monday, but you know, we the
thing that that I always think

4
00:00:10,000 --> 00:00:13,800
back about is that like that job
was real short term job, but it

5
00:00:13,800 --> 00:00:18,000
helped me start my first company
because I only work 10 minutes

6
00:00:18,000 --> 00:00:23,100
an hour.
It was incredibly stressful, the

7
00:00:23,100 --> 00:00:27,100
guy worked for what was part of
the Yuppie five and you guys

8
00:00:27,100 --> 00:00:29,800
don't remember that unless
you're like a hundred years old.

9
00:00:30,200 --> 00:00:34,100
But he was involved with steel.
I think they took they were

10
00:00:34,100 --> 00:00:39,000
alleged to have taking insider
trading Secrets.

11
00:00:39,200 --> 00:00:45,500
They broke into both skis office
and me and he he they stole from

12
00:00:45,500 --> 00:00:49,700
the best criminal there was and
they got caught and they are,

13
00:00:49,700 --> 00:00:52,200
they took from somebody else.
I do remember the SEC, nailed

14
00:00:52,200 --> 00:00:56,200
all five of them.
There was the company I work for

15
00:00:56,200 --> 00:00:59,100
was Arthur tyche teicher and
Company.

16
00:00:59,700 --> 00:01:01,400
He Great guy went in for the
interview.

17
00:01:01,400 --> 00:01:03,900
I remember and he said there
might and even told me he said,

18
00:01:03,900 --> 00:01:08,500
you know I'm under
investigation, there might be,

19
00:01:09,700 --> 00:01:11,200
there might be something coming
down.

20
00:01:12,000 --> 00:01:14,800
I'm like, you know, and I didn't
understand it because I was

21
00:01:14,800 --> 00:01:16,900
like, I had no, I don't
understand what that meant.

22
00:01:17,100 --> 00:01:19,400
I don't know what the hell
insider trading was then and he

23
00:01:19,400 --> 00:01:22,000
said, yeah, there's something he
said, you know what's insider

24
00:01:22,000 --> 00:01:23,600
trading?
Someone gives you information,

25
00:01:23,600 --> 00:01:27,300
you know, and you trade on it
and you know, what is that?

26
00:01:27,300 --> 00:01:29,800
And I would have loved that.
That's really, I don't think so.

27
00:01:29,900 --> 00:01:34,600
Or like I just sort of like was
like and I was just too stupid

28
00:01:34,600 --> 00:01:41,000
to grasp it at the time, but I
worked there for a while and it

29
00:01:41,000 --> 00:01:44,800
worked out, but if you weren't
in the office, you weren't going

30
00:01:44,800 --> 00:01:47,400
to go anywhere.
I mean, I was, I was remote.

31
00:01:47,400 --> 00:01:51,700
It was paper-based documents.
I know that I saved him a lot of

32
00:01:51,700 --> 00:01:54,800
money in a couple cases and you
know, I miss things in other

33
00:01:54,800 --> 00:02:00,300
cases and I think that it would
have been an interesting String

34
00:02:00,300 --> 00:02:03,100
career path.
If I'd continued and move to

35
00:02:03,100 --> 00:02:05,600
another firm because they were
very close there.

36
00:02:05,600 --> 00:02:07,400
Like we got six people.
That's what we got.

37
00:02:07,600 --> 00:02:10,800
We make, we maximize our
revenue, and each one wanted to

38
00:02:10,800 --> 00:02:13,200
make their revenue and then
retire.

39
00:02:14,200 --> 00:02:18,100
You know as I heard the word 50
Millions, bulletproof, I want 50

40
00:02:18,100 --> 00:02:20,900
million and want to be
bulletproof and nothing will

41
00:02:20,900 --> 00:02:26,600
approve the matter and so that
you know and it's like You know,

42
00:02:26,600 --> 00:02:29,200
when they had, they had
something like that furniture.

43
00:02:29,300 --> 00:02:32,200
Yeah, it probably had something
in here that for investing at

44
00:02:32,200 --> 00:02:36,800
the time, or but, I mean it was
crazy because all the orbs shop

45
00:02:36,800 --> 00:02:40,300
said 10 or 15 or 20 million, it
wasn't like hedge funds where

46
00:02:40,600 --> 00:02:44,000
they go to Harvard and Harvard.
Okay, we got a we got a trillion

47
00:02:44,000 --> 00:02:46,600
dollars to put out we're going
to give you 100 million it's not

48
00:02:46,600 --> 00:02:51,000
even a drop in the bucket to you
know the different okay?

49
00:02:51,000 --> 00:02:53,400
The different type of private
equity and hedge funds that we

50
00:02:53,400 --> 00:02:57,000
have today.
The venture capitalist, these

51
00:02:57,000 --> 00:03:01,200
guys were trading daily with
daily report cards and, you

52
00:03:01,200 --> 00:03:06,600
know, in the, the strangest
thing is, is like, well, you,

53
00:03:07,700 --> 00:03:09,600
you know, you you would mention
that.

54
00:03:09,600 --> 00:03:13,000
Wow.
Hey Tuesday.

55
00:03:13,000 --> 00:03:17,000
Saved you a million bucks?
And basically it was just like I

56
00:03:17,000 --> 00:03:20,800
was fucking yesterday.
What do you do for me then?

57
00:03:21,200 --> 00:03:24,000
Yeah, that was it.
I don't care yesterday was

58
00:03:24,000 --> 00:03:27,700
yesterday.
That's this is today, what's

59
00:03:27,700 --> 00:03:29,800
happening today?
And every single.

60
00:03:29,900 --> 00:03:31,700
And he started to get in that
mentality.

61
00:03:31,700 --> 00:03:36,800
That a pretty vicious your day,
your day started, and you had to

62
00:03:37,900 --> 00:03:41,800
perform and you wanted up, you
want to, you want to throw

63
00:03:41,800 --> 00:03:44,200
numbers on the board by the end
of the day and if you could

64
00:03:44,200 --> 00:03:47,500
throw numbers on the board, what
the fuck were you doing there?

65
00:03:48,200 --> 00:03:53,600
And absolutely that brutal?
Because I don't I don't think

66
00:03:53,800 --> 00:03:57,500
Victor cuss but I think
everybody else did it varying

67
00:03:57,500 --> 00:04:03,700
levels and and they were quite
brutal.

68
00:04:03,700 --> 00:04:06,400
I had a really brilliant Finance
guy, Jack.

69
00:04:06,400 --> 00:04:09,000
Who was just like look at
financials and go through them

70
00:04:09,000 --> 00:04:11,500
and say you know, these guys are
going to do, they have this big

71
00:04:11,500 --> 00:04:13,700
pot of cash.
They're in an industry that's

72
00:04:13,700 --> 00:04:14,700
growing.
So they're going to buy

73
00:04:14,700 --> 00:04:16,000
something, they're gonna buy
something.

74
00:04:16,000 --> 00:04:17,200
I know they're going to buy
something.

75
00:04:17,500 --> 00:04:18,399
I don't know what they're going
to buy.

76
00:04:18,399 --> 00:04:20,500
We need to find out where their
CEO goes.

77
00:04:20,500 --> 00:04:22,600
We need to find that out.
I mean, those kind of things

78
00:04:22,600 --> 00:04:23,500
like that.
Yeah.

79
00:04:24,100 --> 00:04:26,400
I mean, that kind of logic.
Did you ever hear about the, the

80
00:04:26,400 --> 00:04:29,500
quarterly review sessions and
Lawn used to host for the

81
00:04:29,500 --> 00:04:31,800
employees?
And now, they would run out like

82
00:04:31,800 --> 00:04:34,500
a Convention Center.
Her and they would get up on the

83
00:04:34,500 --> 00:04:38,100
stage, like on the stage and
they would roast a single

84
00:04:38,100 --> 00:04:40,300
employee.
And then like they say you're

85
00:04:40,300 --> 00:04:43,500
fired, it was crazy because you
would have all these employees.

86
00:04:43,500 --> 00:04:46,800
It would root out one pulley and
I guess if you were smart, you

87
00:04:46,800 --> 00:04:49,500
would have a bunch of friends
read a single person, but you

88
00:04:49,500 --> 00:04:53,400
had other employees rating
fellow employees on how they

89
00:04:53,400 --> 00:04:55,700
were doing well.
And then when the quarterly

90
00:04:55,700 --> 00:04:59,300
review came people would get
behind a microphone and they

91
00:04:59,300 --> 00:05:02,700
would shout your name that shout
at you like into the eye.

92
00:05:02,900 --> 00:05:05,300
And so they say, get out, get
out of this really.

93
00:05:05,300 --> 00:05:09,300
It's crazy to think about.
Well, I mean, think about think

94
00:05:09,300 --> 00:05:17,200
about Elon Musk with what's he
got 100 million followers firing

95
00:05:17,500 --> 00:05:19,100
on what a do we working on
Twitter?

96
00:05:19,900 --> 00:05:23,100
Twitter of firing him.
Yeah, her on video.

97
00:05:24,000 --> 00:05:26,200
So if you do about that.
Yeah.

98
00:05:26,200 --> 00:05:32,700
Yeah I mean think about 100
million Enron the only the only

99
00:05:32,800 --> 00:05:36,000
George you had was, of course,
it was very, very close and

100
00:05:36,000 --> 00:05:38,800
personal, it's 3,000 and they're
all in Denim and they're all

101
00:05:38,800 --> 00:05:42,200
yelling at you and that was a
such a shit bucket company.

102
00:05:42,500 --> 00:05:45,300
Really treated people and stuff
but it's like, yeah.

103
00:05:45,300 --> 00:05:48,100
Can you imagine if someone that
has a hundred and there's no

104
00:05:48,100 --> 00:05:51,700
response to that, you can't go
out and I can talk to my Hundred

105
00:05:51,700 --> 00:05:55,400
followers and convince everybody
that I'm not a shit bucket and,

106
00:05:55,400 --> 00:05:56,100
you know.
Yeah.

107
00:05:56,100 --> 00:05:57,400
Yeah.
No, you can't.

108
00:05:57,400 --> 00:06:00,600
You have no microphone.
So when a person with a really

109
00:06:00,700 --> 00:06:03,800
see, that's the thing I think is
kind of On about that is when a

110
00:06:03,808 --> 00:06:07,700
person with a really, really
large microphone craps on people

111
00:06:07,700 --> 00:06:11,600
that have no microphone is just
that's a destroys their life,

112
00:06:11,600 --> 00:06:13,800
it's not.
Yeah, I mean, you hear about

113
00:06:13,800 --> 00:06:17,600
where people have to move
because followers in the group

114
00:06:17,600 --> 00:06:21,100
do things to them, and they go
after that because they feel

115
00:06:21,100 --> 00:06:24,900
like exact, well, you know,
so-and-so said she was bad or he

116
00:06:24,900 --> 00:06:28,600
was bad for whatever political
reason or social reason or

117
00:06:28,600 --> 00:06:30,800
whatever and it's like and then
they don't have a reputable

118
00:06:30,800 --> 00:06:33,700
career anymore either.
So, Oh, it's like gosh.

119
00:06:33,700 --> 00:06:36,500
Well that's I mean, I mean I
coach people through my whole

120
00:06:36,500 --> 00:06:40,800
career that work with me work
with other companies that I've

121
00:06:41,400 --> 00:06:45,100
and a little space in them in
and they will get, you know,

122
00:06:45,100 --> 00:06:49,400
discriminate against, you know,
or though that you know, they'll

123
00:06:49,400 --> 00:06:52,600
be some, you know, that will
come against them and it's like

124
00:06:52,600 --> 00:06:56,100
what you want me to do and it's
like a my mime usual response to

125
00:06:56,100 --> 00:06:57,400
help you find a job.
Yeah.

126
00:06:57,400 --> 00:07:02,700
But I got an EEOC complaint I
said okay so you you're a legal

127
00:07:02,800 --> 00:07:05,400
Or your legal you work in the
legal industry.

128
00:07:05,400 --> 00:07:08,500
There are three big guys that
are in the legal industry.

129
00:07:08,500 --> 00:07:12,400
Three big companies.
There's probably a 15 or 20

130
00:07:12,400 --> 00:07:17,000
around the peripheral on the
outside and you're going to take

131
00:07:17,000 --> 00:07:21,400
an action against the one top
three, how quickly do you think

132
00:07:21,400 --> 00:07:23,300
that's going to get around and
you're not going to be able to

133
00:07:23,300 --> 00:07:26,800
work in the industry and not and
blacklisted for the rest and you

134
00:07:26,800 --> 00:07:30,900
you may get enough money in the
end to but but no one ever know

135
00:07:30,900 --> 00:07:34,500
did that actually went there.
But you won't get a job and if

136
00:07:34,500 --> 00:07:37,600
you do get a job, it won't.
It will be a, it'll be a, what

137
00:07:37,600 --> 00:07:42,000
do you call it?
A straw Hut compared to them?

138
00:07:42,200 --> 00:07:45,800
The palace he had before and
you're not there, you're not sad

139
00:07:45,800 --> 00:07:50,200
locating, but this is the reason
that people don't go after

140
00:07:50,200 --> 00:07:55,600
people that wrong them of power.
And it said it's very, very sad

141
00:07:56,200 --> 00:07:58,700
and there is no, you know, and
that's the reason when people

142
00:07:58,700 --> 00:08:01,100
start shitting on whistleblowers
and they try to show their

143
00:08:01,100 --> 00:08:03,800
names, I'm like that's wrong.
On that's wrong.

144
00:08:03,900 --> 00:08:07,900
Those people have no defense.
The reason they wrote indigenous

145
00:08:07,900 --> 00:08:10,200
ancestry as you were stealing
and cheating.

146
00:08:10,400 --> 00:08:12,600
You got caught.
So what you're going to do is

147
00:08:12,600 --> 00:08:14,600
you're going to destroy their
life, their family going to make

148
00:08:14,600 --> 00:08:16,900
the move you're going to make
every fall the people around

149
00:08:16,900 --> 00:08:19,100
think had their horrible and
they don't have a microphone

150
00:08:19,100 --> 00:08:22,700
speak back on and that's just
exactly that's an equitable.

151
00:08:22,700 --> 00:08:25,200
I mean it would almost seem to
me that it would be kind of cool

152
00:08:25,200 --> 00:08:28,100
to have the, you know,
whistleblowers speak back

153
00:08:28,800 --> 00:08:30,900
Network.
You know they get OT interest,

154
00:08:30,900 --> 00:08:32,600
how'd you know that they could
come?

155
00:08:32,700 --> 00:08:34,299
Back.
And it's like, the guys that

156
00:08:34,299 --> 00:08:37,400
that, you know, that all the
powers that be the crap on them

157
00:08:37,400 --> 00:08:39,900
and go after them with their
hundred million followers.

158
00:08:40,100 --> 00:08:43,500
You grab together a network of
like 10 people that have 10

159
00:08:43,500 --> 00:08:45,800
million followers and you say
this is distributed through

160
00:08:45,800 --> 00:08:47,700
them.
So you get actually some way to

161
00:08:47,700 --> 00:08:52,800
say, hey he's full of shit.
He lied, he cheated, he had a

162
00:08:52,808 --> 00:08:56,500
contract, the only reason he's
doing this is because he wants

163
00:08:56,500 --> 00:08:59,100
to save money and, you know me
but how would you do make a

164
00:08:59,108 --> 00:09:00,700
reputable Network?
Like that?

165
00:09:01,100 --> 00:09:02,600
Like how would that have any
sort?

166
00:09:02,900 --> 00:09:08,500
I rain like, how would you?
Well, I mean verified.

167
00:09:08,500 --> 00:09:11,300
How did you verify that Network?
You'd have to?

168
00:09:11,700 --> 00:09:17,200
I mean, money-driven, of course,
oh obviously, at the same time

169
00:09:17,700 --> 00:09:21,500
you would need because like King
whistleblower compared to

170
00:09:21,500 --> 00:09:24,200
somebody that actually has.
Well, you just said it, I love

171
00:09:24,200 --> 00:09:27,300
the ending whistleblower.
That would be a great need for a

172
00:09:27,500 --> 00:09:30,300
network.
Yeah, I mean stead of slitter we

173
00:09:30,300 --> 00:09:33,100
have King whistleblower and
they're the people Buddy, that's

174
00:09:33,100 --> 00:09:35,800
been wronged and business or
whatever gets it's a platform to

175
00:09:35,800 --> 00:09:38,000
speak.
You know, if that is also the

176
00:09:38,000 --> 00:09:41,200
equity following individual
there and they speak on LinkedIn

177
00:09:41,200 --> 00:09:44,500
but they speak anonymously in
there like so and so just got

178
00:09:44,500 --> 00:09:47,500
fired.
I mean think about if you worked

179
00:09:47,500 --> 00:09:54,800
for Google or Microsoft or meta
for 8 10, 12 years and you went

180
00:09:54,800 --> 00:09:57,700
home on Friday and you know
things are going well and you're

181
00:09:57,708 --> 00:10:00,300
thinking about your bonus is
going to come and March 1st.

182
00:10:00,800 --> 00:10:04,700
Yeah and you log On on Sunday,
to check your emails early you

183
00:10:04,700 --> 00:10:08,500
can't get in and you can't get
into anything and you can't find

184
00:10:08,500 --> 00:10:11,400
anything and you don't have a
pass and then you notice in your

185
00:10:11,400 --> 00:10:14,800
email, you got an email last
thing you can see.

186
00:10:14,800 --> 00:10:23,900
Is it you've been terminated?
Yes, say like I've worked for

187
00:10:23,900 --> 00:10:26,400
you for eight years and you sent
them.

188
00:10:26,400 --> 00:10:29,200
This is how it's gonna be.
And you've told me, you've told

189
00:10:29,200 --> 00:10:33,800
me culture, you know, we had
foosball, we had parties.

190
00:10:33,800 --> 00:10:35,400
Everybody got, we had a
ping-pong table.

191
00:10:35,400 --> 00:10:40,500
We love everybody.
And, and yo, you, you have been

192
00:10:40,500 --> 00:10:42,700
terminated and here's your
package.

193
00:10:42,700 --> 00:10:44,700
Please, it makes me think of it
was that George Clooney of

194
00:10:44,700 --> 00:10:48,600
thing.
Oh up in the air about here.

195
00:10:49,100 --> 00:10:53,100
Please just refer to the packet
just reserved for the packing.

196
00:10:53,100 --> 00:10:55,200
Don't just stuff like the maket.
Yeah.

197
00:10:55,200 --> 00:10:59,400
And I mean, the whole Yasser
questions, I can't just refer to

198
00:10:59,408 --> 00:11:02,300
the packet and they go out and
shoot themselves and it's like

199
00:11:03,000 --> 00:11:06,300
the movie really hit on the
inter personalization of the

200
00:11:06,300 --> 00:11:08,800
tank or being fired from a
company.

201
00:11:08,900 --> 00:11:10,600
Yeah, the lack of it.
Yeah.

202
00:11:10,700 --> 00:11:12,800
Very very little granting.
We're going into another topic

203
00:11:12,800 --> 00:11:14,300
here.
Yeah, I think we're going to

204
00:11:14,308 --> 00:11:16,600
wrap up actually.
Yeah, we got a Wrap up again,

205
00:11:16,600 --> 00:11:18,900
you have the next one.
This is, this is the great.

206
00:11:18,900 --> 00:11:21,100
I love the Silicon Valley thing
I think.

207
00:11:21,100 --> 00:11:24,700
I think that everybody should
sit on eggs and let's stop the

208
00:11:24,700 --> 00:11:27,800
fear all weekend long.
So the markets crash on Monday

209
00:11:27,800 --> 00:11:29,700
were all bankrupt.
What do you think figure that

210
00:11:29,700 --> 00:11:31,300
idea?
All bankrupt, all their new

211
00:11:31,300 --> 00:11:34,000
album, they are texting people
as soon as I get off here and

212
00:11:34,100 --> 00:11:38,400
and on that note, always for
this, listen to your listen,

213
00:11:38,400 --> 00:11:42,300
listen to this on what Spotify
you can follow us on Instagram

214
00:11:42,300 --> 00:11:44,500
at a record of my father
podcast.

215
00:11:44,700 --> 00:11:47,500
You can also go to our website.
My father.com.

216
00:11:47,900 --> 00:11:50,400
And please join us for further
episodes.

217
00:11:50,400 --> 00:11:52,000
Thank you.
And give us.

218
00:11:52,000 --> 00:11:53,700
Give us sight, give us some
input.

219
00:11:55,200 --> 00:11:59,000
We want ideas, we do we want
criticisms?

220
00:11:59,600 --> 00:12:04,100
Well he does, I don't, I want I
want and maybe more accolades

221
00:12:04,100 --> 00:12:05,600
and criticisms, please party on.