It's for sure harder to raise money, although I feel like we were just very lucky to be in a position where we just raised a lot of money in a very short time on pretty good terms. And there are obviously a lot of companies that are going under. There were definitely some years in there where it just felt impossible to hire the engineering talent that needed to hire. But either we've gotten better or it's gotten a little bit easier and maybe some combination of both.
The Sunday Times’ tech correspondent brings on Parker Conrad, founder and chief executive of Rippling, to talk about getting caught in the collapse of Silicon Valley Bank (3:30), receiving a call at 5:30 am (8:30), how wide the SVB blast radius was (11:00), moving $130m to JP Morgan in three hours (13:45), raising $500m in a day (17:00), why some people still didn’t get paid (23:40), the growing vulnerabilities of regional banks (30:20), the importance of SVB to tech (32:30), Conrad's experience at Zenefits (37:15), why automating things with software is harder than it seems (42:30), and operating in a slowing economy and tighter funding environment (44:40).
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