Zenefits CEO responds to rumors of company's struggles

Re:Zenefits CEO responds to rumors of company's struggles by AndrewKemendo on Tuesday November 17, 2015 @08:11PM (#10585251)

We are a remote team. I talked with a VERY PROMINENT VC not long ago and he had this to say about it:

It’s probably also worth mentioning that we have a bit of a bias against distributed teams, based on previous investment experience.

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Re:Zenefits CEO responds to rumors of company's struggles by to3m on Thursday November 19, 2015 @06:49AM (#10594231)

Our research on the relationship between employee proximity and shareholder returns suggests suggests that optimal return will result from compressing employees into a hypersolid. 0.01mm^3 of employees could then generate between $10e788 and $11e788. Despite the massive energy requirements, ROI is still substantially positive, but gravitational effects at this scale make safe containment tricky.

When optimizing for input cost, a reasonable solution for most purposes turns out to be: pack them like battery hens.

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Re:Zenefits CEO responds to rumors of company's struggles by Nicholas_C on Tuesday November 17, 2015 @08:48PM (#10585388)

What was their previous investment experience with remote teams?

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Re:Zenefits CEO responds to rumors of company's struggles by tarr11 on Tuesday November 17, 2015 @08:57PM (#10585421)

http://www.bothsidesofthetable.com/2010/07/05/the-power-of-i...

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Re:Zenefits CEO responds to rumors of company's struggles by AndrewKemendo on Wednesday November 18, 2015 @01:10AM (#10586255)

They didn't expand on it.

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