{"id":9046,"date":"2023-03-18T17:00:11","date_gmt":"2023-03-18T17:00:11","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/03\/18\/founders-dont-put-all-your-cash-in-one-basket\/"},"modified":"2023-03-18T17:00:11","modified_gmt":"2023-03-18T17:00:11","slug":"founders-dont-put-all-your-cash-in-one-basket","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/03\/18\/founders-dont-put-all-your-cash-in-one-basket\/","title":{"rendered":"Founders, don’t put all your cash in one basket"},"content":{"rendered":"


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W<\/span><\/em><\/p>\n

elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It\u2019s inspired by the daily TechCrunch+ column<\/a> where it gets its name. Want it in your inbox every Saturday? Sign up here<\/a>.<\/em><\/p>\n

It\u2019s too early to fully anticipate all of the consequences of Silicon Valley Bank\u2019s collapse<\/a>. 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. \u2014 <\/i>Anna<\/i><\/a><\/p>\n

A mostly ignored best practice<\/h2>\n

Whether you are an individual or a company, it makes sense to have more than one bank. Yet, many startups don\u2019t.<\/p>\n<\/p><\/div>\n