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Zenefits CEO responds to rumors of company's struggles

65 pointsby zabramowover 9 years ago

5 comments

z0rover 9 years ago
That image in the article makes it look like a terrible place to work: <a href="http:&#x2F;&#x2F;static6.businessinsider.com&#x2F;image&#x2F;56495c0e112314ef038b5496-1228-921&#x2F;zenefits%20offices.jpg" rel="nofollow">http:&#x2F;&#x2F;static6.businessinsider.com&#x2F;image&#x2F;56495c0e112314ef038...</a>
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poweraover 9 years ago
1600 employees and only $80 million in revenue? That&#x27;s only $50k per employee, which seems very low for a company hiring that aggressively (+25%&#x2F;quarter).
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ar7hurover 9 years ago
He&#x27;d rather respond to us disgruntled customers instead of doing PR. I&#x27;m very concerned about the future of this company. <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=10578397" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=10578397</a>
rabidonrailsover 9 years ago
I expect him to say that his company is &quot;doing great,&quot; but he doesn&#x27;t address why Fidelity cut its outlook on Zenefits (especially if everything is rainbows and butterflies).
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d_welsmanover 9 years ago
Assuming the figures that Conrad is saying are correct, it is still an amazing company that is growing quickly. Just investors are starting to take a more realistic view on valuations, and readjusting those valuations in their books.<p>Just because super ambitious growth targets aren&#x27;t met doesn&#x27;t mean the company is about to go under...