Inside SVB's dramatic acquisition and the Future of UK Venture with Erin Platts, CEO of Octopus Ventures
Erin Platts offers a rare insider's account of leading through SVB's collapse while running their UK operations, revealing how personal relationships with money shaped different crisis responses among her team and clients. She argues that total transparency can paralyze startups during crises, and explores the unique challenge of building a VC brand that appeals to founders across wildly different sectors from AI to infrastructure.
Key takeaways
- •Leaders should prioritize decisive action over perfect information during four-day crisis windows, accepting that both physical and mental recovery takes significantly longer than the crisis itself.
- •Your personal relationship with money—shaped by background and experience—determines how you'll react under financial pressure, making self-awareness crucial for crisis leadership.
- •Complete transparency kills momentum during crises; effective leaders find the balance between keeping teams informed and maintaining forward progress.
- •Building a multi-sector VC brand requires appealing to founders across vastly different industries while maintaining credibility in each vertical.
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Best moment
CEO reveals how to make critical decisions during four-day crisis
“Like, it's your job as CEO to be, you know, doing the most important thing at any given moment.”
But it it took a long time to recover, actually, both physically and mentally.
Right. No. How are you prioritizing in that four day period? Like, how are you prioritizing tasks and conversations? Like, it's your job as CEO to be, you know, doing the most important thing at any given moment. Like, how do you make those calls? It's very hard to prepare for something of that nature. So a lot of it, you're going on instinct.
And, I think sort of values and integrity that you've that you've worked with from a leadership perspective. So I've always believed in
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