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The Snowball Effect Is a Risky Funding Model for Venture Capital Backed Tech Startups
Andreas: Bank 89% concentrated around deposits so this is obviously a natural funding source for most banks but it's very rare to see 89% funding based on deposits. A couple of venture capital funds started telling their portfolio companies to find another bank and then the snowball effect is there, he says. Andreas will cover in the second part of the podcast the story of the candidate coal mine yes or no Andreas.