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
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
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
In this episode, Deel's CEO Alex Bouaziz pulls back the curtain on the inner workings of one of tech’s most successful global payroll platforms, now valued at $17 billion. The conversation dives into leadership philosophy, strategic growth through acquisitions, and the long-term vision behind building a profitable, scalable company in a competitive landscape.
Deel has achieved remarkable scale with over $1B in ARR, profitability for three years, and a recent $300M raise at a $17B valuation. Rather than relying on traditional Silicon Valley visibility, Deel has prioritized customer focus and operational excellence. Alex rejects conventional leadership practices like formal 1-1s, favoring continuous feedback and hands-on involvement. The company is shifting from paid acquisition to brand-building, inspired by Revolut, and leveraging AI to automate support. Deel’s aggressive acquisition strategy—13 in six years—focuses on rapid front-end relaunches and full backend rebuilds, accelerating infrastructure development by years. Key deals like Payspace enabled global expansion, while lessons learned led to a 'hell yeah or no' decision framework. Founder alignment and fair pricing are central to post-acquisition success. Despite speculation, Deel remains focused on sustainable growth, SOX readiness, and long-term vision over short-term hype, positioning itself for a future IPO without compromising its core principles.
06:28
06:28
Deel reached a $100M revenue month in September and is profitable.
14:03
14:03
Being hands-on helps spot organizational gaps and shape company culture.
26:44
26:44
Ben Horowitz believes most CMOs are not good and should have an engineering mindset.
33:02
33:02
AI will most impact Deel's operations by automating manual tasks in customer service and compliance.
39:11
39:11
60% of revenue comes from cross-sell and expansion.
44:48
44:48
Deel can launch an acquired product in two months with rebuilt front-end and integrated sales
52:48
52:48
Not all acquisitions worked; the ones that failed were 'why not?' instead of 'hell yeah'.
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55:45
Profitability makes Deel a trusted long-term partner for customers.
1:01:37
1:01:37
I see myself as a wartime CEO who enjoys fighting for better product outcomes.
