The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Rippling's Parker Conrad on The Four Main Benefits From Building a Compound Startup | Why There Should Never Be a Trade-Off Between Speed and Quality | How Zenefits Gave Parker a Chip on the Shoulder and Why That is so Important?

Oct 3, 2022
45:04

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Podcast summary created with Snipd AI

Quick takeaways

  • Rippling takes a compound startup approach, building multiple products in parallel to maximize integration and shared functionality.
  • Rippling believes in the importance of speed and quality not being mutually exclusive and prioritizes urgency and impatience to deliver high-quality outcomes efficiently.

Deep dives

Rippling's Mission to Build an App Store for Business

Rippling is focused on building an app store for business, aiming to create a platform that allows businesses to easily manage their employees' payroll, benefits, expenses, devices, and apps in one central place. The company has raised over $697 million in funding from top investors like Sequoia and Kleiner Perkins. Rippling takes a compound startup approach, building multiple products in parallel to maximize integration and shared functionality. They leverage the employee data they manage to drive effective cross-selling to existing customers. The company aims to go beyond being just an HR tool and become an integral part of business software by utilizing their deep understanding of employee data to provide value across various functions within an organization.

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