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VOICE ARCHIVE

Parker Conrad

@parkerconrad
25 posts
2026-01-26
@jasonlk I think this is very smart / very much on-point. It can be very dangerous not to play the game on the field though - if your competitors are doing this and you are not, it can be very hard to survive.
2026-01-26 View on X
SaaStr

Many AI founders now find it necessary to raise at valuations requiring absolute domination of the field; Brex, once valued at $12B, shows the downsides of this

Capital One just announced it's acquiring Brex for $5.15 billion.  An incredible, top .1% “exit” in less than 10 years …

2026-01-25
@jasonlk I think this is very smart / very much on-point. It can be very dangerous not to play the game on the field though - if your competitors are doing this and you are not, it can be very hard to survive.
2026-01-25 View on X
SaaStr

Many AI founders now find it necessary to raise at valuations requiring absolute domination of the field; Brex, once valued at $12B, shows the downsides of this

Capital One just announced it's acquiring Brex for $5.15 billion.  An incredible, top .1% “exit” in less than 10 years …

2026-01-13
@micsolana It's so much worse than you are saying, because to pay the 50% wealth tax if you have 10X voting shares, you *first* need to pay income taxes — so you need to sell roughly 100% of your assets to pay the tax.
2026-01-13 View on X
Pirate Wires

A late-November 2025 amendment to California's wealth tax proposal treats founder control as ownership, which could end founder-controlled startups in the state

@micsolana It's so much worse than you are saying, because to pay the 50% wealth tax if you have 10X voting shares, you *first* need to pay income taxes — so you need to sell roughly 100% of your assets to pay the tax.
2026-01-13 View on X
Politico

Governor Gavin Newsom says he has been negotiating for four months to neutralize California's wealth tax ballot proposal; a compromise does not appear imminent

A compromise does not appear imminent.  A union official cast doubt on the possibility of a deal, saying the two sides …

2025-04-26
The worst they came up with: - I went to a fancy prep school, got mediocre grades, and was kicked out of harvard. - They discovered I was CEO of this co called Zenefits and guys, it.did.not.end.well! - They think I am friends with SBF? I have never met him in my life.
2025-04-26 View on X
The Information

a16z, which owns ~20% of Deel, a stake worth $2.5B+, is advising Deel in fighting Rippling, whose CEO Parker Conrad said a16z pushed him out of Zenefits in 2016

Venture capital firm Andreessen Horowitz has landed in the middle of a nasty Silicon Valley spy scandal between …

Deel filed their response to Rippling today. In hundreds of pages filings, what stands out is what's missing. Nowhere does Deel dispute our central allegation - that @Bouazizalex personally recruited a spy to steal rippling's trade secrets, and personally directed the theft.
2025-04-26 View on X
Axios

Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more

The legal battle between HR software unicorns Deel and Rippling escalated on Friday, with Deel suing Rippling for alleged defamation, libel, and deceptive trade practices.

Sick burn, guys: [image]
2025-04-26 View on X
Axios

Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more

The legal battle between HR software unicorns Deel and Rippling escalated on Friday, with Deel suing Rippling for alleged defamation, libel, and deceptive trade practices.

The worst they came up with: - I went to a fancy prep school, got mediocre grades, and was kicked out of harvard. - They discovered I was CEO of this co called Zenefits and guys, it.did.not.end.well! - They think I am friends with SBF? I have never met him in my life.
2025-04-26 View on X
Axios

Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more

The legal battle between HR software unicorns Deel and Rippling escalated on Friday, with Deel suing Rippling for alleged defamation, libel, and deceptive trade practices.

Deel filed their response to Rippling today. In hundreds of pages filings, what stands out is what's missing. Nowhere does Deel dispute our central allegation - that @Bouazizalex personally recruited a spy to steal rippling's trade secrets, and personally directed the theft.
2025-04-26 View on X
The Information

a16z, which owns ~20% of Deel, a stake worth $2.5B+, is advising Deel in fighting Rippling, whose CEO Parker Conrad said a16z pushed him out of Zenefits in 2016

Venture capital firm Andreessen Horowitz has landed in the middle of a nasty Silicon Valley spy scandal between …

Sick burn, guys: [image]
2025-04-26 View on X
The Information

a16z, which owns ~20% of Deel, a stake worth $2.5B+, is advising Deel in fighting Rippling, whose CEO Parker Conrad said a16z pushed him out of Zenefits in 2016

Venture capital firm Andreessen Horowitz has landed in the middle of a nasty Silicon Valley spy scandal between …

2025-04-02
Deel CEO and company founder @Bouazizalex personally orchestrated his company's alleged spy scheme, the spy said in a full confession Alex allegedly recruited the spy, received the stolen info, and arranged payment via a person known only by their pseudonym: “The Watchman” [image]
2025-04-02 View on X
Newcomer

A sworn Irish affidavit: Keith O'Brien, who allegedly spied for Deel while working at Rippling, says Deel paid him and he coordinated with Deel CEO Alex Bouaziz

Read the stunning affidavit from Keith O'Brien, the alleged Deel spy  —  Keith O'Brien, the man who allegedly spied for Deel …

2025-03-17
Rippling sued @Deel today. Our lawsuit alleges Deel cultivated a spy at Rippling & orchestrated a long-running trade-secret theft. The spy searched “deel” in our systems 23 times per day on avg, letting him spy on Deel's own customers who were considering a switch to Rippling. [image]
2025-03-17 View on X
New York Times

HR service Rippling sues Deel, accusing its rival of hiring a mole in its Dublin office to comb through trade secrets, uncovered via a “honeypot” Slack channel

A lawsuit by Rippling accuses a top competitor, Deel, of placing a mole in its ranks — which it uncovered via a “honeypot” trap on Slack.

In the complaint, we describe how we used a honeypot to reveal that Deel's senior leadership orchestrated the illegal activity: [image]
2025-03-17 View on X
New York Times

HR service Rippling sues Deel, accusing its rival of hiring a mole in its Dublin office to comb through trade secrets, uncovered via a “honeypot” Slack channel

A lawsuit by Rippling accuses a top competitor, Deel, of placing a mole in its ranks — which it uncovered via a “honeypot” trap on Slack.

Deel's alleged spy locked himself in an office bathroom when confronted by court-appointed solicitors on Friday. He declared “I'm willing to take that risk [of violating the court order]” when served with legal papers to hand over his phone, and then fled the premises. [image]
2025-03-17 View on X
New York Times

HR service Rippling sues Deel, accusing its rival of hiring a mole in its Dublin office to comb through trade secrets, uncovered via a “honeypot” Slack channel

A lawsuit by Rippling accuses a top competitor, Deel, of placing a mole in its ranks — which it uncovered via a “honeypot” trap on Slack.

2025-03-15
The way this will play out is a competitor will raise a ton of financing, invest more deeply in R&D, build a better product, and absolutely crush this guy with sales and marketing. You have to play the game on the field.
2025-03-15 View on X
TechCrunch

A look at some standout startups from YC's W25 Demo Day, which showcased 160 companies, including several creating tools to enhance other companies' AI agents

Silicon Valley's most storied startup accelerator, Y Combinator, held its Winter 2025 Demo Day on Wednesday, showcasing its latest batch of 160 startups.

2025-03-04
We're all going to pay more in taxes to fund Sack's exit from his crypto positions.
2025-03-04 View on X
CoinDesk

President Trump names Bitcoin, Ethereum, XRP, Solana, and Cardano as assets to be included in a strategic US crypto reserve, causing significant price surges

XRP, ADA, SOL post double-digit losses Molly White / Citation Needed : Issue 78 - President on brink of bailout for bitcoin CoinDesk : Here Is What Crypto Leaders Are Saying About ...

2025-03-03
We're all going to pay more in taxes to fund Sack's exit from his crypto positions.
2025-03-03 View on X
CoinDesk

President Trump names Bitcoin, Ethereum, XRP, Solana, and Cardano as assets to be included in a strategic US crypto reserve, causing significant price surges

Crypto Braced For Another Trump Shock After Bitcoin, XRP, Solana And Cardano Price Boom CoinDesk : Here Is What Crypto Leaders Are Saying About Trump's Crypto Reserve Plans Matthew...

2024-07-27
Let me tell you, coups are this man's specialty.
2024-07-27 View on X
TechCrunch

A decade-old drama between David Sacks and Parker Conrad blew up into a fight on X over VC behavior, drawing in Paul Graham and other big Silicon Valley names

Julie Bort / TechCrunch :

2024-07-26
Let me tell you, coups are this man's specialty.
2024-07-26 View on X
TechCrunch

A decade-old drama between David Sacks and Parker Conrad has blown up into a fight on X over VC behavior, drawing in Paul Graham and other Silicon Valley names

A decade-old drama involving VC David Sacks and Rippling founder Parker Conrad over their previous company Zenefits has blown …

2024-04-23
I thought this was a really good thread comparing Rippling's original investor memo from our series A, vs the latest version today.
2024-04-23 View on X
TechCrunch

HR software company Rippling raised a $200M Series F led by Coatue at a $13.5B valuation, up from $11.25B in March 2023, and a separate $590M tender offer

what a powerful recruiting tool, I have to imagine it also continues to foster trust internally among employees at scale too @parkerconrad https://www.rippling.com/... Varun Mayya ...