Will Your Firm Survive Jeff Bezos?
We're marching out of this month with a discussion on what Jeff Bezos' investment in Pilot (now valued at a cool $1.2 billion) means for you. We've got some random facts, figures, and philosophies on why the IRS has such a hard time collecting money, and also check out India's new requirement for audit trails on all GLs. We'll look at why Slack, and Zoom want to keep us engaged, even when the COVID dust settles, although Slack is backing off of direct connections across orgs, and we'll also talk about how firms prefer to communicate with clients and prospects. In app news, Xero acquires e-invoicing company Tickstar, and we've got news on raises for BQE, and ServiceTitan, and BaCo Tech's new patent. All this and maybe a bit more! Enjoy!
Show Notes
2:07 - The pandemic made us all coworkers — whether we like it or not
3:00 - Slack’s walkback of its new DM feature is a sign of user power
https://www.marketplace.org/2021/03/25/slacks-walkback-of-its-new-dm-feature-is-a-sign-of-user-power/
https://www.marketplace.org/2021/03/25/slacks-walkback-of-its-new-dm-feature-is-a-sign-of-user-power/
3:38 - Zoom Wants You to Zoom Even When Using Other Companies’ Apps
https://www.wsj.com/articles/zoom-wants-you-to-zoom-even-when-using-other-companies-apps-11616419800
4:45 - SURVEY: Phone, Email Tied for Client Communication
9:05 - HR Tech Startup Ease Raises $41 Million To Help Small Businesses Better Support Their Employees
9:23 - Jeff Bezos-backed accounting start-up hits $1.2 billion valuation after new funding round
https://www.cnbc.com/2021/03/26/jeff-bezos-backed-start-up-pilot-hits-1point2-billion-valuation-.html
https://www.cnbc.com/2021/03/26/jeff-bezos-backed-start-up-pilot-hits-1point2-billion-valuation-.html
19:52 - It’s time to end re-authenticating every 90 days: Have your say | Xero Blog
https://www.xero.com/blog/2021/03/end-re-authenticating-every-90-days/
https://www.xero.com/blog/2021/03/end-re-authenticating-every-90-days/
23:05 - Xero to acquire Tickstar to drive adoption of e-invoicing globally
Xero buys Swedish-based company Tickstar after Planbuy acquisition
https://www.theceomagazine.com/business/innovation-technology/xero/
https://www.theceomagazine.com/business/innovation-technology/xero/
25:45 - Mandatory audit trail of companies' accounts to curb backdate entries
https://www.businesstoday.in/current/economy-politics/mandatory-audit-trail-of-companies-accounts-to-curb-backdate-entries/story/434847.html
https://www.businesstoday.in/current/economy-politics/mandatory-audit-trail-of-companies-accounts-to-curb-backdate-entries/story/434847.html
28:52 - Opinion | How to Collect $1.4 Trillion in Unpaid Taxes
31:20 - Richest 1% hide a fifth of their income from the IRS
31:27 - IRS failed to collect $2.4B in taxes from millionaires
31:55 - IRS audits of millionaires plunged 72%
32:43 - IRS Has Recruiting Problems, Too
34:56 - ServiceTitan, Software Provider For Tradespeople, Reaches $8.3 Billion Valuation
https://www.forbes.com/sites/alexkonrad/2021/03/26/servicetitan-software-provider-for-tradespeople-reaches-85-billion-valuation/
https://www.forbes.com/sites/alexkonrad/2021/03/26/servicetitan-software-provider-for-tradespeople-reaches-85-billion-valuation/
35:11 - BQE Software secures growth investment for accounting suite
https://www.accountingtoday.com/news/bqe-software-secures-growth-investment-for-accounting-suite
https://www.accountingtoday.com/news/bqe-software-secures-growth-investment-for-accounting-suite
BQE Software Secures Significant Growth Investment from Serent Capital
https://www.businesswire.com/news/home/20210324005338/en/BQE-Software-Secures-Significant-Growth-Investment-from-Serent-Capital
https://www.businesswire.com/news/home/20210324005338/en/BQE-Software-Secures-Significant-Growth-Investment-from-Serent-Capital
36:01 - Dallas Tech Startup, BaCo Tech, Receives US Patent for CPA Firm Transaction-Based Workflow
37:12 – A review! Thank you, Adam CPA!
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