Is Deel the Next WeWork/Bolt?

1 points by krisboyz781 3y ago ↗ HN

Aka a bs startup lying. They claim to have over 200 million ARR for a global payroll solution. This isn’t particularly new or revolutionary. Do y’all think the numbers are fake or is Deel the real deal?

Going from 5 million ARR to 200 million ARR in like 2-3 years for a payroll company, doesn’t sound realistic to me especially for an smb target market

2 comments

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blmayer 3y ago ↗

I'm a contractor employee and my employer uses Deel for contracts. Their fees are really high. I pay almost 100$ each month just to make a transfer. So I won't doubt they have this ARR.

krisboyz781 3y ago ↗

Any reason why your employer doesn’t just use incumbents?