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Re:SF payroll firm Rippling unable to pay out after Silicon ... by dhruvrrp on Friday March 10, 2023 @07:59PM (#35103776)
Not really. According to the CEO's tweets the payroll funds are stuck in SVB, but Rippling is using their own funds/collateral to fund the payroll.

Ref: https://twitter.com/parkerconrad/status/1634315187837861889

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