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"The Zenefits spreadsheet covers 132 unique insurance policies sold or serviced from November 2013 through August 2015." Is that really all they sold? Utah had
by us0r 11y ago
"The Zenefits spreadsheet covers 132 unique insurance policies sold or serviced from November 2013 through August 2015."
Is that really all they sold? Utah had pretty dismissal numbers as well. How did they get to multiple billion valuation?
- FireBeyond 11y agoI assumed that meant "products", as in 132 unique insurance products, rather than 132 belly buttons insured (phraseology in the health insurance industry).
- phonon 11y agoNo, they probably mean group health plans (companies covered) sold. Probably average a dozen lives per policy maybe. They "signed up" 10,000 companies as of a year ago[1]...but I'm not sure how many of those they sold health insurance to! [1] http://www.siliconbeat.com/2015/01/15/zenefits-releases-growth-numbers-headed-for-100m-in-revenue/ http://www.siliconbeat.com/2015/01/15/zenefits-releases-grow...