David Sacks, the VC famous for co-founding PayPal, his tech investments, and for buying and dumping $1 billion worth of Solana, raised the alarm during Silicon Valley Bank’s bank run.

In his panicky tweets, Sacks argued that if SVB wasn’t saved, regional and small banks would also experience bank runs, causing financial chaos.

Yet, it seems that a number of the PayPal Mafia -- a group of investors who founded the firm -- pulled their money out of the bank before asking the authorities to step in. Listen to the article find out why the venture capitalist's flawed views are so at odds with his position on other policy issues.

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