logo
episode-header-image
Nov 2022
42m 8s

This Is What Happens to Silicon Valley i...

bloomberg
About this episode

The US economy may not be in a recession, but Silicon Valley, which had a mega-boom throughout the 2010s, is in a downturn. Tech stocks have tanked and almost every day there are new reports about industry layoffs. So what happens next? What happens to its unique corporate culture? What happens to management and employees? On this episode, we speak with Margaret O'Mara, a professor at the University of Washington and the author of the book The Code: Silicon Valley and the Remaking of America. We talk about the history of Silicon Valley's upside-down moments and how the industries that have dominated the region have changed over time, particularly as government money comes in and out of the picture.

See omnystudio.com/listener for privacy information.

Up next
Jan 30
Lots More With Skanda Amarnath on the Risks of Kevin Warsh
Trump has announced that former Fed Governor Kevin Warsh is going to be his nominee to succeed Jerome Powell. The responses to the news are split among some interesting lines. People like Neil Dutta have been highly critical, while at the same time, the pick has earned praise fro ... Show More
26m 4s
Jan 30
Jeff Currie on the Crazy Surge in Metals, And Why The Supercycle Has Years to Run
The big story this year is the surge in metals. And it's really all metals. The ultimate industrial metal, copper, has been on a massive tear, but so has gold, which has very few industrial uses. And then, of course, silver has seen a blistering rally, in part due to massive buyi ... Show More
39m 39s
Jan 29
What It's Like to Do Big Ag Business in Venezuela and Ukraine
The Trump administration says it wants to kick start private investment in Venezuela now that it's captured Maduro. And Ukraine is eventually going to need a massive rebuild. But what is it like for a big multinational to actually operate in these types of places? In this episode ... Show More
51m 45s
Recommended Episodes
Mar 2023
What Does The Collapse of Silicon Valley Bank Mean For Your Money?
The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ... Show More
21m 31s
Mar 2023
The Implosion of Silicon Valley Bank
<p>With federal regulators planning to take over the collapsed Silicon Valley Bank, a 40-year-old institution based in California, nearly $175 billion in customer deposits will be placed under the authorities’ control.</p><p>The lender’s demise is the second-largest bank failure ... Show More
34m 9s
Mar 2023
Yes, This Economy Is Confusing
The past few weeks have been head spinning: U.S. job numbers? Solid... except for those layoffs in the tech sector. Inflation? Slowly dropping... but still high. Not to mention the bank failures...   It all has made us wonder: Why was it so hard for economists to predict this? Wh ... Show More
26m 29s
Mar 2023
Special Episode: Silicon Valley Bank Goes Bust
Silicon Valley Bank collapsed on Friday — the second-largest bank failure in our nation’s history. In today’s special episode, Scott and Ed break down what happened, how it happened, and what might happen next. Scott also addresses government bailouts, the consolidation of bankin ... Show More
33m 50s
Mar 2023
What the Hell Just Happened?
The U.S. added 311,000 jobs in February while unemployment rose from 3.4% to 3.6%. That quickly became background noise though, as trouble in the banking sector sparked a massive selloff in yields. It didn’t take long for U.S. equities to follow suit. Ash Bennington is joined by ... Show More
33m 30s