Published Jun 30, 2023

Well done, Pismo and Visa! You gave SoftBank a win

Explore the revolutionary business models driving innovation, from Honey Homes' novel handyman services to Gusto's global hiring strategy, alongside a deep dive into the fintech landscape marked by Visa's landmark acquisition of Pismo, shedding light on the tech industry dynamics amidst Web3 and unicorn valuation challenges.
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  • Honey Homes

    and explore the innovative model of Honey Homes, a service offering homeowners a dedicated handyman on demand. Unlike traditional contractor models, Honey Homes employs handymen as staff, providing them with benefits and ensuring consistent service for homeowners. This approach, reminiscent of Redfin's salaried agents, aims to offer reliability and familiarity, which many users find appealing 1. Mary notes the uniqueness of this model compared to marketplace apps like Thumbtack, which often lead to contractors working offline to avoid platform fees 2.

    Honey Homes is out to give you handyman on demand. They raised, let's see, a total of $12.1 million in funding.

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    Currently available in the Bay Area and Dallas suburbs, the service has garnered interest, though some question the monthly fee's value depending on personal needs 1.

       

    Gusto & Remote

    The strategic partnership between Gusto and Remote marks a significant development in international hiring. highlights how this collaboration allows Gusto customers to hire international full-time staff, a step beyond their previous capability of hiring only international contractors 3. This partnership is seen as a natural fit, leveraging both companies' strengths to address a gap in the market. Mary appreciates the potential of such partnerships to enhance business power and wonders why more companies don't collaborate similarly 3.

    Remote is now going to work inside of Gusto to let Gusto customers, the businesses hire internationally.

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    Gusto's impressive revenue of over $500 million in the last fiscal year underscores its growth and influence in the payroll and benefits space. The integration of APIs between Gusto and Remote facilitates seamless collaboration, promising a streamlined experience for users 4.

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