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Rippling’s Parker Conrad: “We raised $500m in one day to survive the SVB collapse”
The Times Tech Podcast
How to Fundraise a Venture Capital Round
I started fundraising at 9am and signed a term sheet, which is for as you know, for venture financing. That's really kind of the penultimate step, but it's the it's the real commitment. We signed the term sheet on on Friday night. So you started making calls Friday morning and had a $500 million commitment Friday night. They've moved quickly but never that quickly. It's not that I think it's actually it's a really good example,. though, of like when the venture ecosystem works, how it works really well.
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