I keep wondering whether these guys will go public. They're at least 6-7 years old, have healthy revenues, and seemingly a lot of customers.
I've wanted to see the financials for a while. Show us the numbers, Josh!
Payroll startup Gusto raises $200M
131–140 of 159 posts
Re: Payroll startup Gusto raises $200M
#132I love it when I don't have to think about things, and Gusto combined with Stripe (Atlas and card processing) have made it possible for me to not ever think about a whole lot of things. Now if only there was a company as good as Stripe/Gusto that did accounting+taxes, I'd really be set! I mean, "I give you access to my accounts, (almost) never think about you, and I have a proper set of books and my taxes are fully d…
Have you thought about... hiring an accountant?
Re: Payroll startup Gusto raises $200M
#133It seems like a good product, though I always get very uneasy by companies that have extreme company cultures. If you work there, you can’t wear shoes in the office (to give the feeling of being at home?) and apparently you need to change your LinkedIn headline to say you “Empower” X or Y. I feel like every blog post I’ve ever seen from this company is about their “mission-driven culture.” Can we go back to a time wh…
I once almost worked at a beer company where they would literally ask you on your interview which was your favorite beer. This was a mass-produced, cheap lager like Budweiser, so clearly it could not be anyone's favorite beer... but apparently if you didn't say their product was the best you couldn't get a job there. I straight up lied in my interview and accepted the eventual job offer, only to renege on it after ge…
The question is fairly bad, but reneging on the offer on your first day on the job isn't all peachy either.
Perhaps it would've been better to hold off on accepting until you have had the responses from every potential employer (Source: have had people not show up on their first day of work way too often)
Re: Payroll startup Gusto raises $200M
#134I'm really happy for them. I used to like Gusto a lot. It worked fairly well when we were a few people, but as we grew, things started breaking, especially as our setup started becoming more and more complicated. For instance, we have offices in 5 states and two countries. Gusto doesn't support outside of US folks, so we had to maintain two systems. One of the most frustrating things was the 2 day payroll. They turne…
(co-founder here) Sorry to hear about the issues you've had with our 2-day program. We've been working on making it better and the caps are now much more rarely used and we'll be getting rid of them completely shortly. Hope we can win you back one day :)
I also left Gusto for that exact reason. Especially when there was a holiday involved!
It pained me to return to ADP, but I had no choice. My employees would not be excited if I made the choice to return to Gusto.
Re: Payroll startup Gusto raises $200M
#135Earlier quoted context omitted.
> My only gripe is that I liked the old name (ZenPayroll) better I think you can blame the “laws, what are those” guys over at Zenefits for necessitating a rebrand.
False. ZenPayroll rebranded as Gusto in September 2015, months before Zenefits legal troubles went public.
Though the name change did seem to coincide with a shift in focus away from only payroll, to include services similar to Zenefits.
They did send me some cool Gusto socks during the rebrand though.
Re: Payroll startup Gusto raises $200M
#136It seems like a good product, though I always get very uneasy by companies that have extreme company cultures. If you work there, you can’t wear shoes in the office (to give the feeling of being at home?) and apparently you need to change your LinkedIn headline to say you “Empower” X or Y. I feel like every blog post I’ve ever seen from this company is about their “mission-driven culture.” Can we go back to a time wh…
Do they expect you to use the office bathroom shoeless too? Gross.
Re: Payroll startup Gusto raises $200M
#137It seems like a good product, though I always get very uneasy by companies that have extreme company cultures. If you work there, you can’t wear shoes in the office (to give the feeling of being at home?) and apparently you need to change your LinkedIn headline to say you “Empower” X or Y. I feel like every blog post I’ve ever seen from this company is about their “mission-driven culture.” Can we go back to a time wh…
I once almost worked at a beer company where they would literally ask you on your interview which was your favorite beer. This was a mass-produced, cheap lager like Budweiser, so clearly it could not be anyone's favorite beer... but apparently if you didn't say their product was the best you couldn't get a job there. I straight up lied in my interview and accepted the eventual job offer, only to renege on it after ge…
Maybe what they were really testing was your willingness to lie for the sake of "culture"?
Re: Payroll startup Gusto raises $200M
#138I love it when I don't have to think about things, and Gusto combined with Stripe (Atlas and card processing) have made it possible for me to not ever think about a whole lot of things. Now if only there was a company as good as Stripe/Gusto that did accounting+taxes, I'd really be set! I mean, "I give you access to my accounts, (almost) never think about you, and I have a proper set of books and my taxes are fully d…
Pilot.com founder here. This is exactly the startup that we're working on! We have 500+ customers including 100+ YC companies and fully take care of bookkeeping + taxes. Feel free to drop me a note at jeff@pilot.com if I can help.
We have a great experience with Pilot (YC W18 company)
Re: Payroll startup Gusto raises $200M
#139It seems like a good product, though I always get very uneasy by companies that have extreme company cultures. If you work there, you can’t wear shoes in the office (to give the feeling of being at home?) and apparently you need to change your LinkedIn headline to say you “Empower” X or Y. I feel like every blog post I’ve ever seen from this company is about their “mission-driven culture.” Can we go back to a time wh…
You can wear your shoes in the Gusto office. A good number of us do; in fact I'm doing so right now. I think it's more that you have the option and encouragement to walk around freely without shoes, whereas other offices would probably frown on you for going into a meeting with just socks.
Hello Gusto PR person!
Source: only two comments are both defending Gusto in this thread.
Re: Payroll startup Gusto raises $200M
#140And to think Rippling could raise this for their series B