20VC: Deel CEO Alex Bouaziz on Raising $300M+ at a $17BN Valuation | Deel vs Rippling: WTF is Going On | Management Lessons from Ben Horowitz and Nik Storonsky | Deel's M&A Playbook: Lessons from 13 Acquisitions: What Works & What Doesn't
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
In this episode of 20VC, Harry Stebbings interviews Alex Bouaziz, the founder of Deel, a $17 billion global payroll company. Alex announces Deel's latest $300 million fundraise led by Ribbit, Andreessen, and Co2. They discuss Deel's growth, profitability, and aggressive M&A strategy, including 13 acquisitions. Alex addresses the litigation with Rippling, emphasizing Deel's focus on customers and growth, achieving their first $100 million revenue month. They explore the challenges of being a non-Silicon Valley-based founder, playing offense versus defense in public disputes, and the importance of being a hands-on CEO. Alex shares insights on building internal tools, the impact of AI on operations, and his approach to acquisitions, emphasizing fair deals and integration. He also discusses brand marketing, the value of venture investors, and his excitement for Deel's future in transforming HR and payroll.
Part 1: Funding, Perception, Leadership
Part 2: Strategy and Growth
Part 3: Acquisitions and Future
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