Zenefits

6 statements across 2 episodes · 2 bullish · 1 bearish · 2 people on the record · first statement Jan 2, 2019 by Parker Conrad · said 24 times in 6 episodes since 2017 · across every show →

Mentions by year

brought up most by Parker Conrad (11), Sonal Chokshi (5), Mike Masnick (4), Kim Milosevich (1), Frank Chen (1), Alex Rampell (1), Adrian Fenty (1)

tap a year for its mentions
00133255201720182019episodesmentions
035201720182019episodes it came up in
002.52.555201720182019episodesmentions per episode
2019 23 mentions in 5 episodes 5 per episode
2017 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Zenefits, oldest first

Jan 2, 2019 negative
Assertion Supported
Utah threatened Zenefits with fines for offering free software to businesses
“In Utah, the insurance commissioner in Utah decided to take action, said that, listen, one of their missions as a DOI was to make sure that there was fair competition between all brokers in the state, and everyone was on a level playing field, and they said th…”
Parker Conrad Jan 2, 2019 ▶ 1:13 a16z Podcast | How One Startup Went from Being Banned by Regulators to Being Open for Business
Jan 2, 2019 positive
Assertion Contradicted
Utah legislation clarified that Zenefits was never illegal under existing state law
“Technically what the bill did is I think it actually didn't change the law. What it did is it clarified that the existing Utah law never made benefits illegal in the first place. So it was a clarification rather than a change to the law”
Parker Conrad Jan 2, 2019 ▶ 6:51 a16z Podcast | How One Startup Went from Being Banned by Regulators to Being Open for Business
Jan 2, 2019
Disclosure
Zenefits gives its HR platform away free, monetizing as an insurance broker
“We give the core system away for free, and we make money in, in a variety of different ways, but one of them is that we act as a broker on companies lines of health insurance.”
Parker Conrad Jan 2, 2019 ▶ 0:51 a16z Podcast | How One Startup Went from Being Banned by Regulators to Being Open for Business
Jan 2, 2019
Insight
Small business B2B clients are highly influential political allies for startups
“Small business owners in our case, like tend to be politically very well connected. And so when you have, you know, small business owners who, you know, in Utah who have, you know, if you have a company that has You know, 50 or a hundred employees, like, that'…”
Parker Conrad Jan 2, 2019 ▶ 15:08 a16z Podcast | How One Startup Went from Being Banned by Regulators to Being Open for Business
Jan 2, 2019 neutral
What-if
Zenefits should have recognized the Utah dispute was political, not legal
“I think what I probably would have done differently in the case of Utah is I probably would have, I wish I had realized earlier in the process that we were in sort of a political battle rather than a legal battle with the Department of Insurance.”
Parker Conrad Jan 2, 2019 ▶ 10:50 a16z Podcast | How One Startup Went from Being Banned by Regulators to Being Open for Business
Jan 2, 2019 positive
Assertion Supported
Samuels: Zenefits ultimately prevailed in regulatory battle against Utah
“When you see those kinds of battles with Zenefits and Utah and Zenefits. Ultimately prevailed.”
Julie Samuels Jan 2, 2019 ▶ 9:05 a16z Podcast | A Whirlwind Tour of Policy Issues in Tech
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