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Rippling’s Parker Conrad: “We raised $500m in one day to survive the SVB collapse”
The Times Tech Podcast
The FDIC Puts JP Morgan Bank in Receivership
At six AM, we're talking to them and they're saying it's going to go out in the 10am window. And then at nine o'clock when it was like, went went one game over for SVP. Because 1230 was JP Morgan's cut off time. That was their absolute final cut offTime. We had 15 engineers that were working on that at like top speed, you know, just like as fast as they could possibly do it.We had another team of about 35 people that started working on all of the other sort of just grooving the rails and everything else that we would need across the course of the weekend.
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