https://engineering.gusto.com describes some of their experiences with it.
Payroll startup Gusto raises $200M
51–60 of 159 posts
Re: Payroll startup Gusto raises $200M
#52I 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…
Re: Payroll startup Gusto raises $200M
#53Earlier quoted context omitted.
This is exactly my feeling. Gusto just comes across as a nauseatingly virtue-signaling company (another is Lyft which I found out when I interviewed with them). I read an interview somewhere by Joshua Reeves, and he seemed to answer every question like he was Tony Robbins or some top-level guru. Dude, I don't want your life advice, tell me how to run a profitable company. Silicon Valley tech is overtaken by this need…
>That's one big reason I wanna leave this place and work for a more blue-collar tech place I'm guessing you'll quickly find that a "blue-collar tech place" isn't quite the panacea you expect. There's a reason no one in Silicon Valley pines for traditional corporate culture. Because it sucks really bad. Putting up with some faux-wokeness is a small price to pay to get away from it.
Pay above average with good benefits, no uniforms (white collar equivalent of the uniform is in-your-face "culture"), no frills, no BS.
Re: Payroll startup Gusto raises $200M
#54I'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…
Complete incompetent shitshow.
So yeah -- in case you were pondering using Gusto, just know that
* not paying out $250 in commuter benefits owed;
* not noticing the extra cash in their bank account;
* ignoring 3 polite emails to the support addresses, and one less polite request;
* ignoring the first phone call;
* requiring you to be rude;
* blowing their self-set update deadline;
is all part of the wonderful Gusto experience!
If you use them, I'd strongly suggest checking that all your commuter benefit reimbursements actually landed in your bank account.
Re: Payroll startup Gusto raises $200M
#55I'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…
Re: Payroll startup Gusto raises $200M
#56Why would you sell that much of your company to investors?
Why would you invest that much money in a payroll company?
I can sometimes understand it, say a company was working on some sort of energy generation and needed tens of millions of dollars of equipment/infrastructure to even start truly testing their idea, or you were going to sell some physical good that was going to sell for hundreds or thousands of dollars per unit and you've already been selling other versions but need a large amount of cash for the MOQ to manufacture your new hardware in the best setting and banks are hesitant to pony up, but for a payroll company?!
This stuff always blows my mind.
Re: Payroll startup Gusto raises $200M
#57It 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…
Re: Payroll startup Gusto raises $200M
#58It 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…
It's what cults do. I know this as being raised in scientology. You control their actions and thoughts.
Re: Payroll startup Gusto raises $200M
#59Earlier quoted context omitted.
This is exactly my feeling. Gusto just comes across as a nauseatingly virtue-signaling company (another is Lyft which I found out when I interviewed with them). I read an interview somewhere by Joshua Reeves, and he seemed to answer every question like he was Tony Robbins or some top-level guru. Dude, I don't want your life advice, tell me how to run a profitable company. Silicon Valley tech is overtaken by this need…
>That's one big reason I wanna leave this place and work for a more blue-collar tech place I'm guessing you'll quickly find that a "blue-collar tech place" isn't quite the panacea you expect. There's a reason no one in Silicon Valley pines for traditional corporate culture. Because it sucks really bad. Putting up with some faux-wokeness is a small price to pay to get away from it.
I think the Valley was like this 10 years ago.
Re: Payroll startup Gusto raises $200M
#60It 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…
This is exactly my feeling. Gusto just comes across as a nauseatingly virtue-signaling company (another is Lyft which I found out when I interviewed with them). I read an interview somewhere by Joshua Reeves, and he seemed to answer every question like he was Tony Robbins or some top-level guru. Dude, I don't want your life advice, tell me how to run a profitable company. Silicon Valley tech is overtaken by this need…