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From a random article discussing Zenefits' rise and fall: > This institutionalized cheating finally caught up with the San Francisco-based Zenefits last week,
by spyckie2 6y ago
From a random article discussing Zenefits' rise and fall:
> This institutionalized cheating finally caught up with the San Francisco-based Zenefits last week, when Parker Conrad, the 35-year-old co-founder and CEO, was forced to resign over what the company described as widespread failures of regulatory compliance. The shakeup, announced in a blistering memo from David Sacks, the executive who took over as CEO, stunned the tech establishment, which had supported Zenefits' rise.
It seems that Sacks inherited Zenefit's problems, not created them. I think citing Zenefits is not a valid argument, either a straw man or just low on the hierarchy of disagreement.
It is fair to point out that he states it is the main cause of why Yammer became a billion dollar company, and by implication, this will also help you become a unicorn, in very self-help novel writing fashion.
- bsder 6y ago> It seems that Sacks inherited Zenefit's problems, not created them. I think citing Zenefits is not a valid argument, either a straw man or just low on the hierarchy of disagreement. Uh, no. Sacks doesn't get to slide out of this. Zenefits didn't just have a single instance of this due to one person. It was widespread up and down the entire chain and was the typical "move fast and break things" of Silicon Valley.
- Aeolun 6y agoBut in this article isn’t he arguing for the opposite? His methodology is to go fast but steady.