2min chapter

The Times Tech Podcast cover image

Rippling’s Parker Conrad: “We raised $500m in one day to survive the SVB collapse”

The Times Tech Podcast

CHAPTER

The Importance of Access to Financial Infrastructure

SVB was willing to do that with me. This was sort of a, an expensive, complicated ask from a company that had no customers. We would not have been able to get our business off the ground without them. But even as a much more established company, it was not an easy thing. And I really developed, you know, a renewed appreciation for how big of a risk SVB was taking internally to sort of hand this over.

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