12/20/2023: What Happened to Zenefits?
Today is a light news day so I would like to share a very interesting interview I listened to recently. Parker Conrad, founder/CEO of Rippling, shared the backstory of what really happened at Zenefits, the HR benefits company he founded and was later fired from. He spills the tea on the regulatory chaos and his public fall from grace. He started Rippling once he knew Zenefits was not going to work. He believed that’s the best way to rise above his failures and he did make Rippling super successful. It’s full of crazy drama but ultimately a story of redemption. You can find the link to the full episode here. I was shocked by the tactics used by prominent silicon valley investors/operators but I am glad Mr. Conrad made it work in the end.