3 ms·

I expect him to say that his company is "doing great," but he doesn't address why Fidelity cut its outlook on Zenefits (especially if everything is rainbows and

• tomasien 11y ago
  It went from a 4.5B company in their estimation to a 2.5B company in their estimation, still less than 3 years after it was founded. All projections were so far into the future already that they could swing massive %'s based on partner activity, even small revenue misses (ever changed your mo/mo growth rate in a spreadsheet by 1%?), or competitive activity. But going from a 4.5B company to a 2.5B company while still less than 3 years old isn't a sign of the apocalypse in the company.