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Bench to be acquired after abruptly shutting down

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Re: Bench to be acquired after abruptly shutting down

#61

Seems like a last second deal. Doesn't inspire confidence. For context: https://news.ycombinator.com/item?id=42523061 And former CEO's post: https://x.com/ianwcrosby/status/1872724231999381790

Now with a list of Board of Directors

https://x.com/amasad/status/1873018020895047744

Re: Bench to be acquired after abruptly shutting down

#62
post #52

Seems like a last second deal. Doesn't inspire confidence. For context: https://news.ycombinator.com/item?id=42523061 And former CEO's post: https://x.com/ianwcrosby/status/1872724231999381790

It's very possible it has been a deal long time in the making. When you're in an acquisition process, the acquirer will often prey on your weaknesses to get a better deal. If Employer.com had already been in talks prior to the shutdown, then they already knew the financial condition, they may have surprised Bench with a dramatic decrease in the purchase price at the 11th hour in an effort to get a better deal knowing…

Lousy behavior all the way around. And with SMB accounting on the last days of the year.

Re: Bench to be acquired after abruptly shutting down

#64
For Bench customers that want to look elsewhere, Pilot is doing free migrations from Bench to QBO, even if you don't want to use Pilot. (So you can even take advantage of it if you want to instead DIY or work with some local firm.)

https://pilot.com/bench-qbo-migration

(Disclaimer is that I'm one of Pilot's founders.)

Re: Bench to be acquired after abruptly shutting down

#65
post #50
post #49

Earlier quoted context omitted.

did it immediately let you proceed to your existing data

Yes. I'm able to log into the platform. You need to navigate to https://app.bench.co . I actually don't remember if they provided that URL, or if I just typed it into my browser out of habit. It may work for everyone who was on the platform.

have you found anyway to export this year's data? I've logged in but now I'm worried that somehow opts out of getting the export data

Re: Bench to be acquired after abruptly shutting down

#67
post #22

Earlier quoted context omitted.

Employer.com is a new "brand" from long-established Recruiter.com. My guess is that Recruiter.com planned to launch Employer.com in the near-term, and they saw the Bench.co shutdown as the perfect opportunity so they've sped up their plans and "launched" employer.com. edit: after reading Recruiter.com's investor filings (as they're a public company) the acquisition of Bench is going to kill them. The founder has gone…

I am not doubting you, but where did you hear this abut recruiter.com?

The article of this post

Re: Bench to be acquired after abruptly shutting down

#68
post #64

For Bench customers that want to look elsewhere, Pilot is doing free migrations from Bench to QBO, even if you don't want to use Pilot. (So you can even take advantage of it if you want to instead DIY or work with some local firm.) https://pilot.com/bench-qbo-migration (Disclaimer is that I'm one of Pilot's founders.)

Your free BOI filing (even if you don't want to use Pilot) is why I use Pilot.

Re: Bench to be acquired after abruptly shutting down

#69
Has anyone figured out how to download your data from Bench? In the original email they sent out that announced they were shutting down, they said data would be available to download from http://data.bench.co. But right now, this domain appears to be inactive. When I logged back in, they gave me the option to: give employer.com permission to access my data, or download my data. I selected the former option so that I could access the dashboard, but I'd still like to download my data in case it turns out I would like to migrate to a competing service.

Re: Bench to be acquired after abruptly shutting down

#70
post #50

Earlier quoted context omitted.

Yes. I'm able to log into the platform. You need to navigate to https://app.bench.co . I actually don't remember if they provided that URL, or if I just typed it into my browser out of habit. It may work for everyone who was on the platform.

have you found anyway to export this year's data? I've logged in but now I'm worried that somehow opts out of getting the export data

Same. The situation is clear as mud.
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