Reeves: 40% of US companies faced annual penalties for payroll mistakes
Josh Reeves · From A Pivot To Building A $9.6 Billion Payroll Company · Y Combinator · Mar 18, 2025 · at 7:11
Gusto co-founder and CEO Josh Reeves explains the market statistics and pain points that convinced his team to pivot to building small business payroll software.
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“40% of companies in the U.S. Were making mistakes and getting penalized every year.”
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