2min chapter

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How Rippling's Parker Conrad Rescued His Company as SVB Was Imploding

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CHAPTER

How to Move Money Out of S&B

Silicon Valley Bank filed an 8K with the Securities and Exchange Commission on Thursday. Ripling, which manages services for its customers, had already moved some of its banking business to J.P. Morgan nine months earlier. The company's engineering team joined a Slack conversation from different parts of the country to hash out a way to move the company's banking and payment rails away from S&B.

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