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Anyone else blown away by Zenefits' valuation? It is 45x the company's projected 2015 revenue. Even more surprising, the company is no where near profitable, ha
by interesting_att 11y ago
Anyone else blown away by Zenefits' valuation? It is 45x the company's projected 2015 revenue. Even more surprising, the company is no where near profitable, has a number of regulatory challenges ahead, and is only 2 years old.
This reeks of a bubble. I guess funding consumer-focused apps is old news, and it's all about funding enterprise startups (i.e. Slack).