Zenefits Loses Over Half of Its Value

Re:Zenefits Loses Over Half of Its Value by rabbit106 on Friday July 01, 2016 @11:12AM (#12016715)

Good point. But Andreessen also put a lot into the series C round. I don't have all the numbers handy to do the math on whether approx. doubling their series C interest cancels the dilution of their series A and B interest. I just kind of assumed that it did. Sorry if I am wrong.

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Re:Zenefits Loses Over Half of Its Value by harryh on Friday July 01, 2016 @11:29AM (#12016883)

I did find it very surprising that a16z was getting their stake increased here. They were on the board for years. Whatever happened, happened on their watch. Highly unusual.

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Re:Zenefits Loses Over Half of Its Value by muzz on Friday July 01, 2016 @12:08PM (#12017296)

Yes they were one of the most vocal proponents-- Marc Andreessen would often point out how the company was their firm's largest single investment

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