Parker Conrad: Compound startups building parallel products outperform single-focus startups
Parker Conrad · Parker Conrad: How I Got Ousted from Zenefits and Came Back with a Vengence | 20VC #932 · 20VC with Harry Stebbings · Oct 3, 2022 · at 17:08
Parker Conrad, founder and CEO of Rippling, challenges the traditional startup mantra of single-product focus, introducing his 'compound startup' philosophy.
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“Most you know, most companies there, there's sort of a conventional wisdom around startups that you ought to do like one extremely narrow thing. And that focus is like the way to build companies. And I think that at least for Rippling, we've sort of taken the opposite tack. And it's something we've talked about For that, I call it compound startup, which is basically doing a bunch of different things in parallel.”
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