Deel

“Rippling's general counsel sent a legal letter to three Deal executives mentioning a fake Slack channel called D Defectors that had supposed reputationally damaging information about Deal. Prior to general counsel sending this letter, the channel did not exist…”

“According to Bill, this legal bill will be in the eight-figure range if the case goes to the end.”

“The business grew from a hundred million dollars in ARR in twenty-twenty-two to eight hundred million in twenty-twenty-four and hit profitability with its most recent valuation hitting twelve billion dollars after raising around Anchored by General Catalyst.”

“Parker Conrad, the CEO of Rippling, the HR software platform, tweeted on March 17th that Rippling was suing its competitor deal for running a corporate espionage scheme and stealing trade secrets from Rippling for months.”

“Rippling hired Alex Spiro, who is Elon Musk's personal lawyer, to lead this case.”

“Rippling is slightly smaller revenue-wise and isn't yet profitable.”