Gusto (formerly ZenPayroll) Is Valued at $1B in New Funding Round

<p><pre><code> &quot;We didn’t really need the capital, per se.&quot; </code></pre> Why exchange equity for capital if it&#x27;s not necessary?

I hope Gusto&#x2F;ZenPayroll uses it to hire some customer services reps or whip up some of that advanced machine learning I always hear about now. To fix a payroll mistake they once magically sucked money out of my account, without any notification. An email or a message in their portal would have been nice.<p>I am no longer part of the Gusto&#x2F;ZenPayroll ecosystem, but at the time I found annoying their cute messages about how I could buy 500,000 gumballs with my paycheck if I really wanted to, plus how I should tweet about how much I love my gumball money via ZenPayroll. My paycheck and social media should not mix!

Strange name.<p>Gusto is a polysemic Spanish word: taste, flavour, pleasure.<p>I guess they were thinking in &quot;pleasure&quot;, but for Spanish speakers, it just sounds weird.

Awesome. Gusto is great, use them for my startup <a href="https:&#x2F;&#x2F;commando.io" rel="nofollow">https:&#x2F;&#x2F;commando.io</a>. However, I am not a fan of the brand and name change of Gusto. My 2 cents.

It seems like everything is &#x27;valued as $1bn&#x27; these days.

Series Panda ftw. Congrats to the team!