Ep 033 - Interview with Justin Dawkins: Silicon Valley Bank & Its Impact on Beauty

Driving the Business: Beauty Brands & Entrepreneurship with Anthony Standifer

Does the Silicon Valley Bank or SVB discussion completely confuse you? This is the podcast episode for you. Do you see the direct impact of how the tech community's turmoil is going to impact beauty and consumer product good investments? This is the podcast episode for you. Would have a simple explanation of what's happening in the financial world help you? This is the podcast episode for you. I snagged time for the very knowledgeable Justin Dawkins who lives inside the investment community as managing partner of Collab Capital who raised an incredible $50M during the pandemic with the sole purpose of investing in Black founders. He and I break down the very nature of what a bank does and how the banking ecosystem is supported. We then go step by step through how Silicon Valley Bank ended up running out of money and why the government stepped in. There is also an impact on how the down turn in the tech community hits beauty industry investments this year and beyond. Follow Justin Dawkins on IG & Twitter @JDawkinsATL and his investment fund @Collab.Capital. You can also email Justin directly at [e-mail]. Mention the Driving the Business podcast when emailing.