PodParley PodParley
PodParley
From a Palo Alto Closet to $1 Billion Revenue: How Gusto Cracked Small Business Software | Term Sheet episode artwork

EPISODE · May 7, 2026 · 37 MIN

From a Palo Alto Closet to $1 Billion Revenue: How Gusto Cracked Small Business Software | Term Sheet

from Term Sheet · host Fortune Magazine

Approximately nine out of every ten net new jobs in America come from small businesses, yet they shoulder over $81 billion a year in federal paperwork. As more Americans launch their own businesses, the back office is buckling under the weight.In this episode, Josh Reeves, cofounder and CEO of Gusto, a payroll, benefits, and HR platform for small businesses, breaks down the contrarian bet that built a $9 billion company. He and Fortune's Allie Garfinkle discuss why small business tech is often overlooked, why he doesn't think AI labs like OpenAI and Anthropic will touch tax compliance, and how Gusto crossed $1 billion in revenue on its path to what Reeves believes is a trillion-dollar opportunity. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode metadata supplied by the publisher feed · Published May 7, 2026

Embed this episode

Ready to play

From a Palo Alto Closet to $1 Billion Revenue: How Gusto Cracked Small Business Software | Term Sheet

0:00 37:40

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

EP.33 – How to Read and Interpret a Balance Sheet - Part 8

Jan 31, 2024 ·7m

EP.32 – How to Read and Interpret a Balance Sheet - Part 7

Jan 31, 2024 ·7m

EP.31 – How to Read and Interpret a Balance Sheet - Part 6

Jan 31, 2024 ·5m

Episode 30 - How to Read and Interpret a Balance Sheet – Part 5

Jan 27, 2024 ·12m

Episode 28 - How to Read and Interpret a Balance Sheet – Part 4

Jan 19, 2024 ·9m

Episode 27 - How to Read and Interpret a Balance Sheet – Part 3

Jan 18, 2024 ·5m

Similar Podcasts

The Business Of Influence Karan White Being an influencer is no longer just a hobby or a side gig. It’s now a legitimate career and this has given rise to a new industry with its own set of challenges, but also so much opportunity. Despite the growth of the industry, there is a notable absence of established career paths and professional training available, which is why I’ve created this podcast. Each Tuesday, I’ll help you learn with confidence the tried and tested strategies that have generated millions in revenue for my clients across the globe. This podcast is dedicated to helping influencers navigate the business side of things, providing insights and guidance on everything from contracts and negotiations to branding and marketing. I believe that by sharing knowledge and experience, I can help you build a sustainable long-term career in the industry with secure and stable income streams.Stay tuned for solo episodes on all things brand partnerships, product development, media, and publishing, all through the len C-Suite Growth Talks McKinsey & Company How do the most successful leaders balance immediate business demands with the long-term pursuit of growth? Join us for conversations with top executives about the challenges and opportunities faced on the road to sustainable and profitable growth. Lead. Always. Alex Molden & Megan Carle Lead Always Podcast: Get tips and foundational principles when it comes to leading othersThe Lead Always Podcast is a comprehensive guide for both emerging and experienced leaders in the corporate space who want to become more effective in leading others. Whether you're in a Fortune 500 company, a non-profit, or a small to mid-sized business, this podcast will help you develop a strategic plan for your leadership journey.Let’s face it—most individuals focus on positional leadership, but few truly understand that relational leadership is far more impactful when it comes to leading others and achieving long-term success in any industry.**This podcast is for you if you often ask yourself:**- How can I help my employees lead effectively?- How do I navigate the complexities of corporate America?- What’s the most important thing I need to do as a supervisor or manager to lead effectively?- When should I start seeking leadership coaching?- How much should I invest in my leadership dev STR Like The Best by Michael Chang Michael Chang Conversations with the best short term rental investors and business leaders in the world. We explore their ideas, methods, and stories to help you better invest your time and money. 

Frequently Asked Questions

How long is this episode of Term Sheet?

This episode is 37 minutes long.

When was this Term Sheet episode published?

This episode was published on May 7, 2026.

Can I download this Term Sheet episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!