3min 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 Risks of Failure for Startups

SVB was a single point of failure that we identified for our business. It's why we had set up infrastructure with JPMC. And quite frankly, it started the process with some other banks as well. But because we assumed that this was not something that would just happen overnight, or that we would only see, would only appear to us to be happening overnight,.

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