How will the Figma IPO impact valuation for high-growth, late-stage SaaS cos in the private markets? Asking for a friend. It's the first high-growth "comp" in the public markets in a long time.

In other tech news - Rippling is launching corporate travel. - Control travel spend before it happens ("only allow booking flights within 30% of the cost of cheapest reasonable flight"). - Because it's integrated with Rippling, you can easily build out policies based on someone's role (different policies for VPs than Managers). Congrats @mustbesyrup , who founded Rippling Travel and has been building it for the last 3 years!

New @NoPriorsPod: @parkerconrad, one of tech's most admired founders: *his redemption arc *why you shouldn't start a company *why the conventional wisdom on "point product" is bad *founder psychology *building a team of owners *the impact of AI on SaaS strategy *will Rippling be a public company?

Unhappy with your HR software? Fall back in love with HR with the help of 19 love songs from Rippling’s, 🎶 Now That’s What I Call HR 🎵

The YC part is lowkey a bigger mic drop than the $16.8 billion part

Rippling complaint: exhaustive, damning account of serious corporate espionage & illegal spy activity Deel complaint:

Deel filed their response to Rippling today. In hundreds of pages filings, what stands out is what's missing. Nowhere does Deel dispute our central allegation - that @Bouazizalex personally recruited a spy to steal rippling's trade secrets, and personally directed the theft.

I hope we don't forget @pmarca 's grand proclamation about the "economic coiled spring" that would be unleashed with a Trump presidency.

Rippling sued @Deel today. Our lawsuit alleges Deel cultivated a spy at Rippling & orchestrated a long-running trade-secret theft. The spy searched “deel” in our systems 23 times per day on avg, letting him spy on Deel’s own customers who were considering a switch to Rippling.