242 karma · joined January 20, 2014
I wonder what this says about the company's focus. They started out focused on payroll, with the BI press release saying they had 20k customers out of millions of small businesses. So obviously a lot more to be done and they are off to a good start. Which raises a few questions:
Do they consider payroll "solved"? Payroll seems to be a pretty massive problem with as much to be done as when they started.
What are they bringing that Zenefits doesn't? Zenefits does payroll and benefits as well, so if you are going to take them on directly I would have hoped to see a lot more about differentiators.
On the one hand, very exciting. On the other, I'd be worried that they are letting a huge competitor drive their actions. Payroll (to an outside) still seems to have massive potential.
Thanks for sharing!
March 31: 25BTC (price per BTC - $200) June 30: 20BTC (price per BTC - $250) September 30: 20BTC (price per BTC - $250) December 31: 10BTC (price per BTC - $500) Total: 75BTC
Now at the end of the year you need to calculate your income. You made 75BTC over the year, each of which was purchased at a different price. When you sell them to transfer them into USD, you need to keep track of _which_ bitcoin you are selling. If you sell one on December 31st, was it one from your first paycheck (in which case you made a profit of $300, which counts as income because you didn't hold it for over a year) or from the last one?
Simply buying BTC with USD from a company's bank account and sending it somewhere isn't difficult. To actually provide a service that doesn't leave employees in a tax nightmare they have no way of understanding is really what matters.
http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-Guidanc...
https://swiftype.com/search-analytics
The visualizations look really clean!