Why ScaleFactor Failed, According to Employees (It Wasn't COVID-19) episode artwork

EPISODE · Jul 28, 2020 · 1H 3M

Why ScaleFactor Failed, According to Employees (It Wasn't COVID-19)

from The Accounting Podcast · host Blake Oliver & David Leary

SponsorsClockShark: https://cloudaccountingpodcast.promo/clocksharkBQE Core: http://cloudaccountingpodcast.promo/coreShow Notes05:55 - What Arizona's Tenuous Coronavirus Plateau Could Teach Us – NYTimes09:32 - McConnell’s stimulus waiting game turns into race against clock – Accounting Today10:10 - White House, GOP Agree On $1T CARES 4.0 - PYMNTS.com11:12 - What Democrats and Republicans want in the next coronavirus relief package – Reuters14:10 - State CPA society CEOs call for federal relief for state and local governments amid coronavirus – Accounting Today15:09 - New AICPA tool automates PPP loan forgiveness process - Journal of Accountancy        https://www.pppforgivenesstool.com/17:15 - Strip-club stimulus reveals lingering uncertainties over U.S. small-business aid – Reuters21:00 - Why Zoom meetings really do leave you exhausted - Journal of Accountancy23:12 - Companies Start to Think Remote Work Isn’t So Great After All – Wall Street Journal 24:41 - Staff do worse when asked to report frequently, accounting study shows – CFO Dive25:23 - 66% Working from Home Say They're More Likely to Work Nights and Weekends – Small Business Trends 27:41 - Employees Want to Return to a Physical Workplace – Small Business Trends30:25 - ScaleFactor Raised $100 Million In A Year Then Blamed Covid-19 For Its Demise. Employees Say It Had Much Bigger Problems. – Forbes48:20 - Siri Srinivas on Twitter on the Forbes ScaleFactor article - Twitter  52:12 – A listener's feedback on our brief discussion on modern monetary theory – Twitter 58:37 - The Rescues Ruining Capitalism – WSJ1:00:58 Jirav scores $8M in Series A funding – Accounting Today1:01:03 - Lawsuit Alleges Plaid Violated User Privacy - PYMNTS.com 1:01:20 - Kabbage Rolls Out Checking Accounts For SMBs - PYMNTS.com 1:01:24 - Brex Offers FDIC Insurance - PYMNTS.com 1:01:31 - FinTech Revolut Raises $80M In New Funding - PYMNTS.com1:01:41 - Painting the Art of the Possible, with Brad Smith - ShiftAddendum: Scale Factor Botkeeper story we broke in FEB 2019 https://medium.com/datadriveninvestor/its-not-a-bot-the-truth-about-botkeeper-the-google-funded-ai-powered-bookkeeper-replacement-9c3f42d230b6https://www.cloudaccountingpodcast.com/60https://www.cloudaccountingpodcast.com/61https://www.facebook.com/davidleary/videos/10157125979906477/ VisorTax's failure https://www.linkedin.com/pulse/think-your-2018-tax-season-tough-check-out-visors-attempt-david-leary/https://www.cloudaccountingpodcast.com/70  Our past Scalefactor coveragehttps://www.cloudaccountingpodcast.com/55https://www.cloudaccountingpodcast.com/104https://www.cloudaccountingpodcast.com/160Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merch

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There's a lot to cover in this episode. We'll talk about McConnell’s stimulus waiting game becoming a race against clock, and just what Democrats and Republicans want in the next coronavirus relief package, and what Arizona's tenuous coronavirus plateau could teach us. We'll also focus on the demise of ScaleFactor, from the employees' perspective, talk about all the rescues ruining capitalism, and Modern Monetary Theory, and explore the reasons why the AICPA created a forgiveness tool for the masses. All this and more! Grab a LOT of snacks!

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Why ScaleFactor Failed, According to Employees (It Wasn't COVID-19)

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