How Rippling's Parker Conrad Rescued His Company as SVB Was Imploding
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The Troublebrewing at Silicon Valley Bank
Parker Conrad is the founder and CEO of Rippling, a workforce management company. He says there wasn't really time to panic after Silicon Valley Bank ran out of money on March 9th. The bank liquidated $130 million in funds that its customers needed for their payrolls. In just 12 hours he was able to secure $500 million in fresh funding - saving his company from further ruin.
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