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This Week in Australian Startups

This Week in Australian Startups - 15th March, 2023

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Haris Qureshi
Mar 15, 2023
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Silicon Valley Bank collapsed this week after a bank run which had depositors trying to withdraw $42 billion in just one day. It’s been dominating headlines, even outside of tech as there will likely be ramifications for the banking industry.

So how did we get here?

A bank run is when majority of depositors start to withdraw their funds generally due to …

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