By the time I left Zenefits, compliance with out-of-state licensing rules exceeded 95%, and obtaining licenses in other states was straightforward and inexpensive.

The AI community in the U.S. may have lost sight of the importance of licensing models, focusing too much on monetizing initial breakthroughs instead of the broader implications.

We faced significant regulatory resistance from real estate associations, but we activated support from state legislators who were fans of our service, which helped us overcome opposition.

I wasted $50,000 on customizing employment agreements with a first-year lawyer who was learning on the job, which was not a good use of funds.

The media focused on three main controversies regarding Zenefits: insurance licensing issues, macroeconomic factors, and a supposed party culture.

The cannabis market isn't sophisticated yet, and many businesses struggle to secure investment without proper licensing.

Regulatory barriers, such as restrictions on unauthorized legal advice and equity investments in law firms, hinder innovation in legal services, but some states are exploring changes to these rules.

I made mistakes in the fundraising process, including not meeting enough investors and assuming a deal was done before it actually was.

Founders sometimes agree to terms like 'participating preferred' or 'super pro rata' without fully understanding their implications, which can be detrimental.