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Now more than ever, Bristol start-ups must avoid the venture capital trap
The fall of Silicon Valley Bank has highlighted the need for startups to handle their finances with care. Agilebase CEO Cliff Calcutt says SVB’s implosion offers a valuable lesson for Bristol tech startups: avoid venture capital investment at all costs. In a stunning move, on March 11, 2023, US regulators shut down Silicon Valley Bank (SVB). This significant failure is the most serious since the financial crash of 2008 and has left the venture capital and tech start-up community in shock. California banking regulators cited “inadequate liquidity and insolvency” as the impetus for their decision, which was made to “protect…
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Why you should avoid using multiple business management softwares
We know implementing a new business management software can be challenging. But it’s time to take the leap and start seeing the benefits of using one system for all your business needs.