Parker Conrad Steps Down as Zenefits CEO (buzzfeed.com)
recommended by 1 user | 2016 | 581 points by philip1209 | startup failure | original thread |
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alephnerd Jul 25, 2024 | on: Paul Graham on David Sacks being the "most evil person in… | context

The deets of the story Paul Graham and Matthew Prince are referencing - https://www.theinformation.com/articles/why-parker-conrad-wo...

Sacks threw Parker Conrad (former CEO of Zenefits and current founder of Rippling) under the bus a couple years ago and began waging a media war against Parker and tried to sabotage Rippling's fundraising.

They didn't see eye-to-eye on politics and business, but Sacks was on his board and was COO at the time.

The only reason David Sacks backed off was because Sam Altman and PG intervened and threatened Sack's friend Marc Andressen that they would end YC's relationship with A16Z if Sacks didn't back down.

P.S. - The HN comments about Parker's ouster at the time did not age well - https://news.ycombinator.com/item?id=11061992