david sacks

Lightning Labs just raised millions from Jack Dorsey and others to supercharge blockchain transactions

Lightning Labs, a young, Bay Area-based startup, is trying to make it easier for users to send bitcoin and litecoin to each other without the costly and time-consuming process of settling their transa

This former Uber (and Lyft) exec just raised $15 million for his controversial e-scooter startup: Bird

Travis VanderZanden. If you’ve been following the fast-changing transportation industry, it’s a name that may sound familiar. Until September 2016, VanderZanden was VP of growth at Uber an

David Sacks’s new startup wants to make it safer for old-guard industries to jump into crypto

SEC chairman Jay Clayton made clear today that his agency, along with the Commodity Futures Trading Commission, remains acutely concerned about initial coin offerings and cryptocurrency trades. In fac

Zenefits introduces level-funded insurance plans and more mobile updates

Zenefits, in a further attempt to continue to find its way into small businesses as a human resources management service that can outmaneuver larger and more complex platforms, is releasing a suite of

Crunch Report | 100 Companies File Opposition to Trump’s Immigration Order

100 companies file opposition to Trump's immigration order, Zenefits gets a new CEO, Snap partners with BBC to get Planet Earth II on its platform and DARPA's SideArm simplifies military drone landing

Zenefits launches new tools for employee compliance and looks to simplify pricing

Zenefits today said it would be introducing new pricing tiers in an effort to simplify them, as well as add new tools for HR managers to ensure that employees are getting their documents in and they a

Zenefits makes licensing compliance app available for free in the Salesforce App Exchange

Zenefits announced this week, it was making a licensing compliance app it created in-house to ensure its sales people are properly licensed to sell insurance in a given state, available for free to a

CEO David Sacks on moving on from Zenefits’ troubled past

Zenefits at one point was one of the fastest growing software companies in the world, rocketing to a $4.5 billion valuation in 18 months. It was on track to generate tens of millions of dollars in ann

Zenefits CEO David Sacks is coming to Disrupt

David Sacks has pulled off a number of impressive feats during his career. Part of the early team at PayPal, where he was COO for several years, Sacks went on to create a couple of other software comp

Zenefits gets a small fine in resolving regulatory concerns in Tennessee

Zenefits has been under fire for skirting regulation, resulting in the ouster of its previous CEO Parker Conrad and a heavy-duty overhaul underway of the company. The results of that effort are now se

Zenefits halves its previous valuation to $2B to head off investor lawsuits

Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors; it’s a move that revalues the company’

Zenefits is laying off another 106 people and offering others a buyout

Zenefits today is laying off another 9% of its staff — or 106 additional people — and offering its existing employees a buyout offer as it continues its transition following former CEO Parker Conr

Zenefits Is Laying Off Roughly 250 Employees

Zenefits is laying off around 17 percent of its employees, or 250 people, with the layoffs largely concentrated in the company’s sales division, according to an email sent to the company by CEO

Zenefits Under Investigation In California

The hits just keep on coming at the embattled cloud human resources software provider Zenefits, as the California Department of Insurance has begun an investigation into its licensing practic

Zenefits CEO Parker Conrad Out Amid Compliance Concerns

There’s a big shuffle happening at Zenefits today — with Zenefits CEO Parker Conrad exiting the company and COO David Sacks taking over. Conrad is also stepping down as a director of the comp

13 People Who Could Be Twitter’s Next CEO

So far we’ve heard the board is looking for someone who can focus solely on Twitter (and not some other *cough Square) company, is a heavy tweeter, and gets the product. There’s also signi

Why Your Next Package Will Be Delivered By An Uber

Geographic saturation is the key to network effects and profitability in the ridesharing business. The more drivers Uber or Lyft have in a given region, the faster the pick-up times, the better the cu

Zenefits Just Raised $500 Million At A $4.5 Billion Valuation

Zenefits today said it has raised $500 million in a round led by Fidelity and TPG at a whopping $4.5 billion valuation. The company, which allows small- and medium-sized businesses to manage human

Yammer Founder David Sacks Joins Cloud HR Startup Zenefits As COO

David Sacks is back up in the startup game. The founder of Yammer, who sold his company to Microsoft for $1.2 billion about two-and-a-half years ago, has decided he’s had enough time off and is join

Yammer’s David Sacks Departs Microsoft After Two-Year Tenure

Today Yammer’s founder and former CEO David Sacks announced that he will depart Microsoft, the software company that purchased his social enterprise startup for $1.2 billion. His exit, which com
Load More