Skip to navigation Skip to content
1BusinessWorld
 
  • 1BusinessWorld
    • About 1BW
    • Entrepreneurship
    • Privacy Policy
    • Copyright & Intellectual Property Policy
    • Opt-out preferences
    • Contact Us
  • Business Solutions
    • Growth Hub
    • Professional Profile | Digital Business Card
    • Global Business Profile
    • Growth Pioneers
    • GrowthCEO
    • 1Navigator
  • Events
    • Global Retail Conference
    • Leading Entrepreneurs of the World
  • Marketplace
    • Global Business Central
  • Legal Hub
  • 1BusinessWorld
    • About 1BW
    • Entrepreneurship
    • Privacy Policy
    • Copyright & Intellectual Property Policy
    • Opt-out preferences
    • Contact Us
  • Business Solutions
    • Growth Hub
    • Professional Profile | Digital Business Card
    • Global Business Profile
    • Growth Pioneers
    • GrowthCEO
    • 1Navigator
  • Events
    • Global Retail Conference
    • Leading Entrepreneurs of the World
  • Marketplace
    • Global Business Central
  • Legal Hub
  • 1BusinessWorld
    • About 1BW
    • Entrepreneurship
    • Privacy Policy
    • Copyright & Intellectual Property Policy
    • Opt-out preferences
    • Contact Us
  • Business Solutions
    • Growth Hub
    • Professional Profile | Digital Business Card
    • Global Business Profile
    • Growth Pioneers
    • GrowthCEO
    • 1Navigator
  • Events
    • Global Retail Conference
    • Leading Entrepreneurs of the World
  • Marketplace
    • Global Business Central
  • Legal Hub
  • $0 0 items
My Account

Welcome to 1BusinessWorld®

Sign in
Register
Home / Business / Founders, don’t put all your cash in one basket
Posted on March 19, 2023 by Stylianos Hatzakis

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


Home » News, Insights & Trends » Business » Founders, don’t put all your cash in one basket


Share

W
elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.
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.
…

Read More

Category: Business
Tags: Banking, Business News, Business Updates, christoph janz, EC Newsletter, fintech, Memo Bank, silicon valley bank, startups, SVB, SVB 2023 crash, TechCrunch Exchange newsletter, The Exchange

Post navigation

Previous post: Where Did All Your Zoom Friends Go?
Next post: This Week in Apps: AI-powered productivity apps, US weighs TikTok ban, SVB crash boosts crypto apps

Browse
Business Central




sign up promo

Accelerate growth with 1BusinessWorld's Global Business Profile

Sign up for free or use coupon code 1BW50 for 50% discount on your subscription

Sign up now

Latest Business News
  • Childhood Diagnosis to CEO (11/11/2025) - Turning Adversity Into an Operating System Resilient leadership gains legitimacy… Read more...
  • Purpose-Driven, Inclusive, Future-Ready Leadership (11/11/2025) - Purpose Driven, Inclusive, Future-Ready Leadership Purpose driven leadership gains authority… Read more...
  • Access To Innovation In Asia (11/11/2025) - Watch the session Access To Innovation In Asia Advancing access… Read more...
  • Securing Water as a Human Right (11/10/2025) - Watch the Session Securing Water as a Human Right Water… Read more...
  • Transformational Leadership Building Resilient Organizations (11/10/2025) - Watch The Session Transformational Leadership Building Resilient Organizations Transformational Leadership… Read more...
  • AI and the Future of Fashion: Transforming Design, Production and Retail (11/10/2025) - Leadership & Strategy AI and the Future of Fashion: Transforming… Read more...
© 1BusinessWorld 2025 | About | Contact | Legal Hub | Privacy Policy | Copyright Policy | Cookie Policy | Terms           
  • My Account
  • Search
  • Cart 0

Already have an account?

Sign in


New to 1BusinessWorld?

Create an account

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
0
    Your cart is emptyReturn to Shop
    Continue Shopping