A word with Parker Conrad

“Some days you’re the fire hydrant and some days you’re the dog” – Zenefits cofounder Parker Conrad on life. Yesterday he stepped down from his position as CEO and handed over the reins to COO David Sacks, which attributed the move to inadequate compliance procedures and “plain wrong” decisions. Recall: the unicorn is under fire for doing deals with companies without having proper licenses. Bottom Line: Moved fast. Broke things. The End.