I think every part of, you know, again, these single points of failure, they don't they're they don't matter until they matter. Like I think about that with growth assistant and the Philippines sometimes like, well, should we be in multiple countries? So why would it have been worth the effort to actually keep your money and two or three different banking partners? Totally. It is important to be on top of these things. The founder has to doesn't matter how big the company has has to ultimately own the balance sheet and own that cash number. And nobody else can ever fully truly own that.
Episode 31: (Recorded 03/10/23) Alex Lieberman (@businessbarista) and Jesse Pujji (@jspujji) react and unpack the news about Silicon Valley Bank and its collapse. Jesse goes into where banks fit in the entire financial ecosystem and how they relate to startups. Then, they go into some of the early lessons learned that could apply to business leaders.
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