Re:Zenefits (YC W13) Just Raised $500M at a $4.5B Valuation
by mblevin on Wednesday May 06, 2015 @01:21PM
(#9500237)
Exactly - the theory of course is that Zenefits will be able to eventually negotiate down the rates and match or beat Trinet, but right now it's basically doing "awareness arbitrage" - especially with something that people only think about once or twice a year, which is a lifetime in startup land.
It's accidentally brilliant.