how one startup went from being banned by regulators to being open for business /

Published at 2015-04-24 03:31:44

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When (now) two-year-traditional startup Zenefits was banned in Utah because it offered its HR management software for free,CEO and co-founder Parker Conrad felt upset, anxious, and worried. particularly because it was a B2B company with a much smaller supporter base: "whether you're Uber or Lyft,then you have this built-in constituency using the service and millions of people to complain and go to the mat for you... But man, we make HR software. That's totally unsexy. No one's even going to pay attention to this, or ” he says. In this episode of the a16z Podcast,Conrad shares how Zenefits went from being banned in Utah to the state reversing the ban. MORE

Source: a16z.com

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