June 30, 2016

Zenefits revalues itself at $2 billion, giving later shareholders more ownership

Fireside Chat With Yammer Founder and CEO, David Sacks Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors in a move that revalues the company's Series C round at $2 billion. It's another move that new CEO David Sacks is doing in what's been a massive cleanup effort of the company following report after report of the company… Read More

Source: TechCrunch