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Parker Conrad

09/10/24

@ The Social Radars Podcast

The mistake we made at Zenefits was focusing on grabbing market share early without automating our processes, which we did differently at Rippling by building everything in software from the start.

Video

FULL EPISODE: Parker Conrad, Founder of Zenefits & Rippling w YC Co-Founder Jessica Livingston

@ The Social Radars Podcast

FULL EPISODE: Parker Conrad, Founder of Zenefits & Rippling w YC Co-Founder Jessica Livingston

09/10/24

Related Takeaways

Parker Conrad

01/11/25

@ Y Combinator

We took a different approach with Rippling, focusing on building software for two years before scaling, unlike my previous experience with Zenefits.

Parker Conrad

01/11/25

@ Y Combinator

At Zenefits, we experienced rapid growth because we simplified the setup process for businesses, allowing them to manage various administrative tasks in one system.

Parker Conrad

01/11/25

@ Y Combinator

When we had product-market fit at Zenefits, we found that our ideas worked exceptionally well, leading to rapid growth and a strong market pull for our product.

Parker Conrad

09/10/24

@ The Social Radars Podcast

At Rippling, we build multiple products in parallel, which goes against conventional wisdom that suggests focusing on one narrow area.

Parker Conrad

01/11/25

@ Y Combinator

Our growth rate at Zenefits was remarkable, going from $1 million to $20 million in revenue in just one year, which was an incredible pace for a startup.

Parker Conrad

09/10/24

@ The Social Radars Podcast

I'm Parker Conrad, the CEO and co-founder of Rippling, and my story is intertwined with Zenefits, the company I started before that.

Y Combinator Cast

03/16/22

@ Y Combinator

The founder of Rippling had prior experience and deep product insight from his previous startup, which justified the longer development time before launch.

Parker Conrad

01/11/25

@ Y Combinator

The key insight behind Rippling is that businesses benefit from a suite of interoperable applications rather than narrow point solutions, which allows for better product development.

Michael Truell

05/01/25

@ Lenny's Podcast

Initially, we hired too slowly, which contributed to our rapid growth from $0 to $100 million ARR in just a year and a half.