Ex-Brex exec Sam Blond is already leaving Founders Fund just 18 months after he joined [TechCrunch]
TriNet Group, Inc. (TNET)
Last trinet group, inc. earnings: 4/28 04:25 pm
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Source: TechCrunch
In a tweet on Monday, Blond expressed his gratitude at the chance to work at Peter Thiel's VC firm and explained, “Full time investing / being a VC isn't the right fit for me and I've decided to go back to operating.” That likely means he's either accepted/about to accept a position at a startup or another tech company, or is in the process of founding one. Reached earlier today, Blond told TechCrunch he had “no comment outside of the post for now.” Before joining the VC firm, Blond was best known as the former Chief Revenue Officer at Brex. Brex is not a Founders Fund portfolio company, although Founders Fund is an investor in one of Brex's biggest competitors: Ramp. So Blond's jump to the VC firm raised a few curious eyebrows , especially because at the time — September, 2022 — Brex had reached decacorn status with a $300 million raise. That's an odd time for a top salesperson to bow out. Typically, startup employees are salivating at the riches to come via an IPO or another exit
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News
- TriNet Group, Inc. (NYSE:TNET) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- TriNet Group, Inc. (NYSE: TNET) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- TriNet Group First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- TriNet Group, Inc. (NYSE: TNET) had its price target lowered by analysts at Needham & Company LLC from $150.00 to $140.00. They now have a "buy" rating on the stock.MarketBeat
- Universal Logistics, Exponent, Saia among industrial movers [Seeking Alpha]Seeking Alpha
TNET
Earnings
- 4/26/24 - Miss
TNET
Sec Filings
- 5/1/24 - Form 144
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- TNET's page on the SEC website