Andrey Kudievskiy

And I like to think that there is a 0.1% contribution that Distillery did into those company successes. I think last but not least, I've seen cases when 100 plus year old financial business that felt that they're at least 10 years behind their competition. And in reality, they might have been even 20 years behind. Developed mobile application that allowed them to bring in

over a million users in the first six months and the revenue from this app that can be contributed to buying products through the application or with the help of application was in many millions of dollars and i know that we did it i know that we helped it and i'm blessed to live and work in the industry where you can see the results in the real world and they are tangible

over a million users in the first six months and the revenue from this app that can be contributed to buying products through the application or with the help of application was in many millions of dollars and i know that we did it i know that we helped it and i'm blessed to live and work in the industry where you can see the results in the real world and they are tangible

over a million users in the first six months and the revenue from this app that can be contributed to buying products through the application or with the help of application was in many millions of dollars and i know that we did it i know that we helped it and i'm blessed to live and work in the industry where you can see the results in the real world and they are tangible

And this is a good feeling. These are the moments that I am extremely proud of.

And this is a good feeling. These are the moments that I am extremely proud of.

And this is a good feeling. These are the moments that I am extremely proud of.

Silicon Valley Bank, almost. They actually did go bankrupt very fast in a matter of two days. And we couldn't access any cash that was there. And there was a period in the company life when Thursday night, We're trying to log into the bank account. We understand that 80% of the cash reserves that we have are buried, are completely unaccessible. The payroll is on Tuesday. I go back to bed.

Silicon Valley Bank, almost. They actually did go bankrupt very fast in a matter of two days. And we couldn't access any cash that was there. And there was a period in the company life when Thursday night, We're trying to log into the bank account. We understand that 80% of the cash reserves that we have are buried, are completely unaccessible. The payroll is on Tuesday. I go back to bed.

Silicon Valley Bank, almost. They actually did go bankrupt very fast in a matter of two days. And we couldn't access any cash that was there. And there was a period in the company life when Thursday night, We're trying to log into the bank account. We understand that 80% of the cash reserves that we have are buried, are completely unaccessible. The payroll is on Tuesday. I go back to bed.

I'm trying to sleep. Impossible. Friday comes. All the news, all the media saying that the bank system in the United States is failing. SVB is just one of the banks that is affected and people don't know what to do. Saturday, silence.

I'm trying to sleep. Impossible. Friday comes. All the news, all the media saying that the bank system in the United States is failing. SVB is just one of the banks that is affected and people don't know what to do. Saturday, silence.

I'm trying to sleep. Impossible. Friday comes. All the news, all the media saying that the bank system in the United States is failing. SVB is just one of the banks that is affected and people don't know what to do. Saturday, silence.

Sunday, I'm still not sleeping, not having enough sleep, basically punishing myself for why I decided to go with one bank and not spread the funds in three, four different pockets. And then Sunday night comes, we're seeing some news from the government coming that they're buying out Silicon Valley Bank. So this is the stupid mistake that is completely preventable.

Sunday, I'm still not sleeping, not having enough sleep, basically punishing myself for why I decided to go with one bank and not spread the funds in three, four different pockets. And then Sunday night comes, we're seeing some news from the government coming that they're buying out Silicon Valley Bank. So this is the stupid mistake that is completely preventable.

Sunday, I'm still not sleeping, not having enough sleep, basically punishing myself for why I decided to go with one bank and not spread the funds in three, four different pockets. And then Sunday night comes, we're seeing some news from the government coming that they're buying out Silicon Valley Bank. So this is the stupid mistake that is completely preventable.

First, keep the money in just two different locations. Then you will always be able to make the payroll. Second, why trust a smaller-ish bank? SVB was well known in the startup community, in the technology world. If anything, they were number one startup bank.

First, keep the money in just two different locations. Then you will always be able to make the payroll. Second, why trust a smaller-ish bank? SVB was well known in the startup community, in the technology world. If anything, they were number one startup bank.

First, keep the money in just two different locations. Then you will always be able to make the payroll. Second, why trust a smaller-ish bank? SVB was well known in the startup community, in the technology world. If anything, they were number one startup bank.

but there are banks who have been here for way longer and they're much larger trust them and work with svb for credit line for transactional stuff but reserves should stay elsewhere so diversify that's the lesson and it was very easy to fix we fixed it as soon as the funds became available we're now clients of one of the top four banks it is unlikely that i will ever leave them but