Jack is a wild card. They'll give him a shot and see how it goes.
If it goes well they can pull an Apple and say, "The founder is finally coming back!" If not they can quietly find a replacement and say, "Now Jack is going back to Square, just like they said he always would."
It's PR insurance, basically, which Twitter desperately needs considering they go through CEOs faster than I go through freelancers.
Spend any real significant time with split duties. Most of his investors would say "We didn't put $x in this with the understanding that you were going to be a 50% CEO/leader"
Would you rather have something that looks nice or actually works? Especially when it comes to nontrivial things like benefits and payroll? Don't you think it's a bit silly for you as a user to be swayed to use one thing or another by a pretty interface?
We seem to understand never to "judge a book by its cover"...except when it comes to web interfaces.
You can, but given the mixed reviews from actual Zenefits customers on here and elsewhere they aren't there yet.
I liken it to tech's war on banks. Everyone loves to make fun of the fact that banks still use "old" technology like mainframes, but when was the last time a bank went down? I will go with a old school bank over a NewCo tech bank any day when it comes to nontrivial things like storing my money.
I don't know if you would consider it "income", but in the spirit of hacking I am an active travel hacker and have accumulated millions of miles and points over the past 3 years or so through a combination of credit card bonuses, strategic spending, and "manufactured spending."
I consider miles a valuable currency at this point in my life because I would otherwise spend a lot of real money on personal travel. I can't remember the last time I paid for a flight and can easily accumulate dozens of free hotel nights a year.
It's more like buying cash equivalents with a credit card like Visa gift cards and then liquidating them to pay off said credit card. Your cost is the purchase fee and any costs to liquidate the card. In some cases you can actually profit from this I.e buying Amex gift cards through a cash back portal.
As the occasional host in SF, I do get extremely paranoid about guests, and only accept requests from guests who have had an account for more than a year, who have 100% positive reviews, and has at least 2 reviews in the last 6 months. Obviously I reject a lot of requests. Even then I did have one unfortunate incident involving a guest bringing home another guest that stole something even though I explicitly said "no guests."
My perspective from the host POV is that you really have to do your own vetting of guests beyond anything AirBnB will provide. AirBnB provides barebones proof of ID, but that's it.
Ultimately, I find AirBnB's business to be 100x "crazier" than other "sharing" companies like, say, Uber. At least with Uber there is a more regimented process for vetting and onboarding drivers. With AirBnB it is still a free-for-all on both sides.
At the end of the day, you're letting a total stranger into your house. Where you sleep and have all your things. It's a risk and everyone who uses AirBnB should be aware of it.
The company has not been acquired, just the Path and Path Talk apps. I actually do not understand that part - what exactly does the company hope to do with Kong? How is the company supporting 40+ headcount now?
Well they just got a cash injection from selling Path & Path Talk so I can imagine that should help support 40+ headcount for a little while. Along with the $25m they raised a year ago.
TalkTo/Path Talk used human operators instead of advanced AI. So scaling such an app might be expensive in the long run. TalkTo's revenues were based on a "Premium" model, where users paid a small fee per month
Will the Path company pivot to another sector, as they sold both their main apps?
