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Tech IndustryApr 10, 2021
ServiceNowSNMatth12

I heard Zenefits had debt funding?

Guys, Do you know the details of that debt funding..I heard it got acquired or something..what is the valuation and share details if you know any. https://www.google.com/amp/s/www.forbes.com/sites/amyfeldman/2021/03/18/zenefits-once-worth-45-billion-does-deal-with-private-equity-firm-that-gives-it-control/amp/ #zenefits #gusto #rippling #namely

@Zenefits@Rippling@Namely
Zenefits CitizenZen Apr 10, 2021

🍿😎

Zenefits zMxK64 Apr 23, 2021

all shares = $0 zenefits has no money & last resort was PE funding & the PE firm cleared the preference deck so no one's RSU's are worth anything at all whatsoever & never will be #facts

ServiceNow SNMatth12 OP Apr 24, 2021

Oh god, what was the valuation the PE firm agreed on, is it an acquisition deal?

HCL nChQ23 May 8, 2021

After Parker's exit, Zenefits was sliding down hill, it will bite the dust soon. Shitty Management