At Wikinvest, which got renamed Sigfig, we were constantly just two or three months away from not being able to make payroll.
College students typically receive marketing offers in the mail from upwards of a hundred companies each year.
When professors expect a few dozen students and hundreds show up, it's a mixed blessing. While it's a testament to their popularity, it also means they have to scramble to interview and hire more teaching fellows, schedule rooms, and order lab supplies.
A lot of scaling up a company is not very sexy or strategic.
One of the lasting consequences of the unrest of the late 1960s was the removal of adult authority from the lives of undergraduates at many colleges. And, as a consequence, residential communities developed much as students themselves wanted them to.
Zenefits is basically a service that manages all of your payroll, benefits, and associated HR details that come along with those. Dealing with new employee onboarding, offer letters, and managing that - and we do it for free.
