Rippling’s Parker Conrad: “We raised $500m in one day to survive the SVB collapse”
The Times Tech Podcast
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How to Get Paid on a Friday
The company had to produce a file with 50,000 payments in it for JP Morgan Chase by 1230. It was six minutes late. Not everyone saw the money hit their account on Friday. Some of the banks processed it over the weekend and some at the very latest processed it first thing Monday,. And so people felt more confident about it arriving on Monday.
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