Banking isn’t the only ‘single point of failure’ entrepreneurs should be rethinking

Silicon Valley Bank is a good reminder that startups, often entrenched in the world of risk and scrappiness, sometimes forget to think about the obvious: single points of failure. But just like it makes sense to rely on a community-friendly bank, so does entrusting a single person to lead your business to success. Now that we’ve seen the former not really work out, perhaps it’s time to rethink the latter.
TechCrunch+ polled a number of early-stage founders who are building companies that have raised a Series A or less, to understand how they think about succession. The consensus is that it’s n

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