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Zenefits halves its previous valuation to $2B to head off investor lawsuits | TechCrunch

Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors; it’s a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations. Source: Zenefits halves its previous valuation to $2B to […]

Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors; it’s a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations.

Source: Zenefits halves its previous valuation to $2B to head off investor lawsuits | TechCrunch

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