Zenefits cuts nearly 50% of workforce

Re:Zenefits cuts nearly 50% of workforce by Gibbon1 on Thursday February 09, 2017 @05:54PM (#13611806)

I reminds me before the 2001 crash I remember at the height reading a 3 inch long story in the WSJ mentioning that a business school professor did background checks on a 100 tech startups. Found 1/3 of them had CEO/COO/CFO's or board members that had been prosecuted previously for securities fraud.

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Re:Zenefits cuts nearly 50% of workforce by brilliantcode on Thursday February 09, 2017 @06:25PM (#13612011)

Perhaps it's the same guys from 2001 pumping and dumping but have found a clever way to avoid the SEC by keeping a private equity market that only VC's have access to so they can play hot potatoes until a unicorn IPOs

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Re:Zenefits cuts nearly 50% of workforce by Gibbon1 on Friday February 10, 2017 @03:00PM (#13618377)

Oh that's a really good suspicion.

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