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Rippling will spend as much on R&D in 2024 as Paycom, Paylocity, and Paycor combined. If you are a customer of those systems, you will be a victim of their "just keep the lights on" strategy for years to come.
How can a cofounder have no equity? Sold off in secondaries?
🚨New: Mukund Jha is the second co-founder who is set to exit Dunzo. Y'day Dunzo had announced Dalvir Suri was leaving the company. -- Suri joined in 2015 and is the CTO of the company. -- Suri like other co-founders (except Kabeer Biswas) has no equity @chandrarsrikant
Underrated: how legendarily @rippling handled the whole SVB mess: - Covered payrolls for their customers off their company balance sheet when funds were stranded at SVB - Emailing 3x/day with updates + action items - Realtime support via chat even during peak insanity 💪
noooo…not again please
⚠️THERMONUCLEAR BAD—Hospitals completely overwhelmed in China ever since restrictions dropped. Epidemiologist estimate >60% of 🇨🇳 & 10% of Earth’s population likely infected over next 90 days. Deaths likely in the millions—plural. This is just the start—🧵
The person running multiple multi-billion dollar companies appears to be playing a video game and having a lot of fun! Makes you rethink everything :)
Such a powerful question..
Product momentum at @Rippling is 🔥 🔥 🔥 Truly everything you need to run your business in one place forbes.com/sites/kenrickc… congratulations @parkerconrad and team 🚀
Congratulations to @Rippling on its newest product launch: Spend Management. The ambition of this company is astounding: few have ever launched and scaled products -- across multiple massive software categories, concurrently -- like this. Built different. forbes.com/sites/kenrickc…
Another big launch for @Rippling! Congrats on a 10x better/faster expense management experience and corporate cards with a built-in back office. Finance Cloud, Rippling Hopes To Become The Salesforce Of Employee Data forbes.com/sites/kenrickc…
VCs giving advice to startup founders in their first bear market
Some news: We just raised a $250M Series D at an $11.25B valuation, co-led by Bedrock and Kleiner Perkins. We’re very thankful for the trust of our investors, partners, and customers, and the hard work of our team. Read our announcement here: bit.ly/3yqTyd9
“Everyone assumes SaaS companies are fundamentally unambitious, while Rippling is hiding in plain sight.”
the Apple II was built with just 25 employees. since then, we’ve slid into tech incrementalism. today, most software companies are fundamentally unambitious, but Rippling is hiding in plain sight. I wrote about how @parkerconrad is bringing ambition back: luttig.substack.com/p/rippling
Wow - All 140 employees @expensify will become millionaires when it IPOs because they gave a extra stock grant to all employees....BANG!
Whoah. Rippling is five years old and still shipping big, new, company-defining features. That's a very encouraging sign, because that ability is what distinguishes the really big tech cos (e.g. Amazon, Google, Apple) from the others. techcrunch.com/2021/11/11/her…
Today, we are excited to share that Sequoia Capital Global Equities and Global Growth have led the Series C in @Rippling. 1/ medium.com/sequoia-capita…
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