Bouaziz: Deel's initial YC hypothesis around freelancer trust was wrong
Alex Bouaziz · Alex Bouaziz: How We Became a $12B HR Company with 2,000 Remote Employees | 20VC #973 · 20VC with Harry Stebbings · Feb 1, 2023 · at 2:27
Alex Bouaziz is the co-founder and CEO of Deel, a global HR platform valued at $12 billion. He discusses the company's early pivots during Y Combinator in 2018.
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“If you look at what we got into Y Combinator in 2018 with the idea we started the concept was very similar, right? Like we wanted to help freelancers at the time get hired and paid by the best companies. And we thought the problem we were solving was around the trust, right? Of two different parties being in two different countries. That ended up being wrong, right? Like the problem being more around the compliance of working with that person and not understanding their local compliance and all of this.”
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