about this episode
Walker Corporate Law is a boutique law firm specializing in the representation of entrepreneurs.
If you want to talk to the founder, call Scott directly at 415-979-9998 or visit his site at: http://walkercorporatelaw.com.
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On this episode of Walker Corporate Law’s’ Startup of the week, Jason talks with Joshua Reeves, CEO and Co-Founder of ZenPayroll.
0:00 Welcome Josh Reeves from Zen Payroll!
1:00 Thanks to Scott Walker at Scott Walker Law Group!
2:00 Background on Zen Payroll including investors
3:30 What is the mission of Zen Payroll? Why did you start it?
4:30 Run through of interface
5:00 What’s going on in the backend?
7:30 This is targeted to companies 1-200 employees?
8:55 How do you charge for your services? vs others?
10:00 How much is the difference between you and someone like ADP?
10:43 At what point did your competitors become aware of you and your services?
11:30 Is mobile the gateway to getting companies that have never used software to do payroll to engage?
13:30 Have the bigger companies tried to come buy you out?
15:41 How did you get into Y Combinator?
17:00 Giving up 6% of your company for $15,000, was that a good decision?
19:10 How did you get your all-star list of investors?
21:00 How many people invested in your first round?
23:45 Did you get criticism for not having a lead investor?
25:45 How important is design with startups today?
27:20 How do you keep the team motivated? What’s the next goal?
28:30 When will you have nationwide coverage?
29:30 Will you be providing project management service integration?
30:30 API coming?
33:00 How do these things get applied without being draconian?