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Managing your treasury in 2023 | Startup Finance Basics w/ Kruze's Scott Orn | E1843

This Week in Startups

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Diversifying Bank Accounts for Treasury Management

This chapter emphasizes the need for diversifying bank accounts to prevent a single point of failure in treasury management, particularly amid recent banking instabilities. It highlights the suggested number of bank accounts for safeguarding a $3 million treasury and contrasts the operational experiences of legacy banks versus newer banking solutions.

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