Founders, don’t put all your cash in one basket

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It’s too early to fully anticipate all of the consequences of Silicon Valley Bank’s collapse. But there is one prediction I am ready to make: Bank diversification is going to be a much higher priority for startups from now on. — Anna

A mostly ignored best practice

Whether you are an individual or a company, it makes sense to have more than one bank. Yet, many startups don’t.

Founders, don’t put all your cash in one basket by Anna Heim originally published on TechCrunch