entertainment media company is moving the podcast over to twitter. you re going to start to see a lot more momentum flock there. and that needs to be fox s territory. this is a scary time. you re right, sarah and i have the same take. that could be that means we re both diluted. all media is splintering and fox has this monopoly on the conservative space. i think the question when things are so polarized is if twitter becomes the central could be serv conservative business , can the hold on to anything else? i think that is a totally open question. yeah. it is a question. but he s not just going on twitter. he s expected to go and do an interview with fox news right after this. so he does have that two pronged approach. speaking of diluted though, the trump s one of the pacs ez, because they believe he is launching this with elon musk,
have been really helpful i both scenarios yeah, i mean, it interesting to hear tara and bill described the stakes here the way it s being divided up. i will say, i have of course talked to people who wer inside this bank, who mayb don t deserve our sympathy who were so well capitalized it didn t really matter. it maybe is that is true for a handful of these folks but you know, there s also a ton of little companies. i talked to a seven person company that literally turns accompanies data int spreadsheets these are people who did not take advantage of the lines of credit that silicon valley ban was offering, it did not tak advantage of the mortgages tha it gives to founders it didn t do any of that stuff it just used it for payroll. i think that people in eas palestine and the people i silicon valley really migh have some common cause here, i thinking just about, how is it that i can put what i think is a very stable conservative business and it s banking, int
a very stable conservative business and it s banking, int this institution and have it g so terribly wrong? right? as many people said to me, i only think about making product. that s really all i do i m no expert in macroeconomics the fact that i have to worr about the safety of money in the modern day, it s crazy here s one other thing i l just say to put it all into perspective i was speaking to a ventur capitalist who deals i emerging markets other countries. one of the main selling poin of doing business with those people is that they get to bring their money to the unite states which has, in theory, this extraordinarily safe banking system in this case, he had spent his day reassuring people. you know what, it s okay you re going to be okay. it did turn out to be okay for them in the end. these are folks who in the end thought to themselves, does th united states have a reliabl banking system like i thought? the reputational harm here whether you re blue or red it s really broad.