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Rippling — Seed One place to manage your workforce.
Parker Conrad's second act, framed as a single flowchart: every employee record, every system, one source of truth. Initialized Capital funded it two weeks after the first pitch.
Slide breakdown — 8 slides 01 COVER Rippling ↓ Run your entire business from one place.
02 PROBLEM Hiring someone takes 8 hours of software setup. ↓
03 INSIGHT The employee record is the master object. Everything else should derive from it. ↓
04 SOLUTION Hire once. Every system updates automatically. ↓
05 MARKET The HCM market is $40B and held together by spreadsheets. ↓
06 BUSINESS MODEL $8/employee/month per module. More modules = more value. ↓
07 TEAM Parker Conrad founded Zenefits. He knows exactly why it failed. ↓
08 THE ASK $7M to build the compound HR platform. ↓