Today’s Deals – Zenefits revalues itself at $2 billion, giving later shareholders more ownership

Fireside Chat With Yammer Founder and CEO, David Sacks Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors. in a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations. It’s another move that new CEO David Sacks is doing in what’s been… Read More

from TechCrunch

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