A $500 million term sheet in 12 hours: How Rippling struck a deal as SVB was melting down

When news of the global financial crisis began to hit Silicon Valley in the spring of 2008, venture capital firms felt the reverberations. But no firm felt the pressure more intensely than SVB Financial Group, a financial services company with a roster of venture capitalists who had been making big investments in startup companies for… Continue reading A $500 million term sheet in 12 hours: How Rippling struck a deal as SVB was melting down

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