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5 science-backed signs you might be smarter than average
March 6, 2016

Studies have shown that a person who exhibits one or more of these five traits might be smarter than average.

Produced by Zach Wasser. Reporting by Shana Lebowitz and Drake Baer.

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The CEO of billion-dollar startup Gusto has 75 angel investors and warns other startups: ‘There are no shortcuts’
March 6, 2016

You couldn't find two startup competitors with more starkly different cultures than Zenefits and Gusto — both of which sell similar human resources software to small businesses.

And right now Gusto cofounder and CEO Josh Reeves is looking especially wise given that Zenefits was embroiled in major drama last month.

He has a warning for his competitor and others: “There are no shortcuts. You can't get somewhere faster by spending money,” Reeves told Business Insider.

Zenefits had touted itself as one of the fastest-growing tech startups ever, and, at two years old, raised $582 million investment which valued the young company at $4.5 billion. But it crashed last month amid an insurance-licensing scandal that caused its founder and CEO to suddenly resign, and its new CEO offered some harsh words about its culture.

Gusto (formerly known as Zenpayroll) has also raised a lot of venture investment, a total of $136 million at a $1 billion valuation as of December.

Gusto's..

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Salesforce CEO Marc Benioff extends an ‘open hand’ to laid-off IBM workers and asks for their resumes (CRM, IBM)
March 6, 2016

After word went out last week that IBM continued its multi-year restructuring by handing pink slips to unknown number of workers, at least one person decided to try and help: Marc Benioff, CEO of Salesforce.

Salesforce has been growing revenue like crazy lately and he once called IBM (along with Oracle and SAP) the “dinosaurs” of the tech world.

On Friday, he tweeted an open call to former IBMers and told them to apply at Salesforce.

More new from @IBM on layoffs. https://t.co/KeBGVVAaUu Salesforce opens its hands to help @IBM and any laid off workers send us your cv.
— Marc Benioff (@Benioff) March 5, 2016

As we previously reported, these employees were the first to be subject to IBM new policy that began in 2016 of reduced severance pay. Everyone let go from IBM from now will get one month's of severance no matter how long they worked at the company.

IBM declined to comment to Business Insider about the number of employees affected last week (IBM doesn't disclos..

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How Startup Valuation Works
March 6, 2016

How would you measure the value of a company? Especially, a company that you started a month ago – how do…

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USA remains the leader in venture capital deals
March 6, 2016

2015 Venture capital deals map

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Biggest Obstacle in Becoming an Entrepreneur Is You
March 6, 2016

What if I told you that the number-one thing standing in your way to launching and / or expanding your business was something…

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