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Reading this story, the lawsuit story and in trying to keep up with this entire fiasco... You end up feeling both sorry and a sour taste in your mouth for both
by phantom_oracle 11y ago
Reading this story, the lawsuit story and in trying to keep up with this entire fiasco...
You end up feeling both sorry and a sour taste in your mouth for both companies. They're both obviously very good at "spin" and drumming up PR to win support of their audience.
I previously thought things would get settled amicably, out of court, with Zenefits saying "sorry", ADP saying "its okay" and the 2 companies settling on some decent structure to use ADPs API (or whatever thing they use for 3rd party access).
Now we are dealing with a situation where this is basically corporate-warfare hitting the "lala-land" of Silicon Valley.
Google, Apple, Microsoft and other tech companies generally have this corporate warfare amongst themselves and they also sometimes move in on other industries, catching those players off-guard.
With that in mind, and also the fact that Zenefits can no longer be classified as a startup - with +50 (or is it +100 employees) and a startup valuation of US$+4,5 billion - this is just another case of corporate warfare.
I shall now neither pity or care for either party of this story, because no matter how good the "spin" from each side is, this is just business as usual.
Any wall-street raider using HN may agree.
Edit: I'd also like to see how much longer this "post" stays as link number 1 on this platform, instead of getting "washed away" like yesterdays ADP link. Then we can also know for a fact that YC is actively pushing the agenda with their corporate interest in Zenefits (and proof that not all "good links eventually surface to the top", without someone pulling some admin-user strings at the top)
- BinaryIdiot 11y ago> With that in mind, and also the fact that Zenefits can no longer be classified as a startup - with +50 (or is it +100 employees) Ha, because of all of the manual entry they have to do as of February 2015 Zenefits had over 500 employees. When the CEO went on TWiST just a week or two ago he said they were over 1,000 and hiring 100 new employees a month. They're burning hard and fast.
- pkaye 11y agoWhy do they have to do manual entry?
- BinaryIdiot 11y agoA vast majority of insurance brokers / providers simply don't have an API or even an easy way to send insurance information. It's surprising how many HR related tasks are still very manual in 2015 especially considering you should be able to offload everything minus employee relations and hiring in HR.