Payroll is a pain in the derriere. And it’s a burden that businesses–especially start-ups that have to be nimble to survive–can’t waste time and resources on. The problem is payroll is also necessary. So it needs to be fixed. That’s the great Silicon Valley mantra: find a problem and fix it.
ZenPayroll is on the case and it knew just where to look for the money, apparently. It went after famous entrepreneurs who have been befuddled by payroll problems in the past. They intuitively understand the need, and they see the giant market for the solution. Joshua Reeves, CEO and cofounder of ZenPayroll, announced an incredible list of early investors in his company. According to Business Insider the investors include:
–Trip Adler, CEO and cofounder of Scribd
–Ed Baker, head of growth at Uber
–Charlie Cheever, cofounder of Quora
–Patrick Collison, CEO and cofounder of Stripe
–Dave Goldberg, CEO of SurveyMonkey
–Gail F. Goodman, CEO of Constant Contact
–Kevin Hartz, CEO and cofounder of Eventbrite
–Ryan Holmes, CEO and cofounder of Hootsuite
–Ashton Kutcher, actor and investor
–Jared Leto, actor, musician, and investor
–Max Levchin, cofounder of PayPal
–Phil Libin, CEO and cofounder of Evernote
–Steve Loughlin, CEO and cofounder of RelateIQ
–Tobias Lütke, CEO and cofounder of Shopify
–Karen Mills, former head of the US Small Business Administration
–Matt Mullenweg, CEO and cofounder of WordPress
–Alexis Ohanian, cofounder of Reddit
–Adam Nash, CEO of WealthFront
–Aaron Patzer, cofounder of Mint
–Matt Rogers, CTO and cofounder of Nest
–Justin Rosenstein, cofounder of Asana
–Dharmesh Shah, CTO and cofounder of HubSpot
–Clara Shih, CEO and cofounder of Hearsay Social
–John Suh, CEO of LegalZoom
–Kevin Systrom, CEO and cofounder of Instagram
–Evan Williams, cofounder of Twitter
–Jerry Yang, cofounder of Yahoo
–Marco Zappacosta, CEO and cofounder of Thumbtack