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A Buffalo fire department clerk was reportedly paid more than half a million dollars despite not working. Jill Repman collected checks for 7.5 years while on administrative leave after being accused of tampering with payroll, Investigative Post reports. She was working another job while she remained on the city's payroll, per Investigative Post. AdvertisementAdvertisementThe City of Buffalo has paid Repman $572,067 since 2016, the Investigative Post reported, citing state payroll records compiled by government watchdog The Empire Center. The matter of so-called "fake work," referring to employees being paid to do little or no work, has also made headlines this year, primarily in the tech sector.
Persons: Jill Repman, Jill Parisi, Repman, Jill, , Keith Rabois, Thomas Siebel, Rabois, Britney Levy Organizations: Service, Security, Empire Center . Buffalo City Hall Locations: Buffalo, Wall, Silicon, Buffalo's City, New York
Keith Rabois' OpenStore is launching a new accelerator program for Shopify merchants. OpenStore, Keith Rabois' Shopify aggregator startup , is launching another offering for Shopify merchants. The new program, called OpenStore Boost, is an accelerator for Shopify merchants generating between $50,000 and $500,000 in net sales annually. The company has since launched OpenStore Drive , which allows Shopify merchants to pass off the day-to-day operations of their store while retaining full ownership of the business. In June, OpenStore launched a website where shoppers can browse products from all of the brands in its portfolio.
Persons: Keith Rabois, OpenStore, he's, Rabois, Jack Abraham, Matt Lanter, Jeremy Wood, Google —, It's Organizations: Google
Max Medroso started his microscope business, TheSTEMKids, while at college in 2020. Medroso sold his business for $1 million to OpenStore, a startup that buys Shopify stores. While I was at college studying mechanical engineering in 2020, I came across a portable microscope while browsing Amazon. Courtesy of OpenStoreI tested my business idea before buying in bulkI went to college wanting to start a business. When I set up a Shopify store to sell my microscopes in September 2020, I wanted to test out the idea before I bought lots of stock.
Keith Rabois' startup, OpenStore, is launching a new service for Shopify merchants. Keith Rabois founded OpenStore in 2021 with the idea of scooping up Shopify stores and using economies of scale to supercharge their sales. OpenStore has acquired more than 40 Shopify stores so far, says Rabois, a venture capitalist who placed early bets on DoorDash, Affirm, Stripe, and Faire. That makes OpenStore the largest owner and operator of Shopify brands in the world, he told Insider in a recent interview. However, there's "a lot of room" to grow Shopify brands, he added.
Silicon Valley VC Keith Rabois says mass layoffs are due to hiring becoming a vanity metric in tech. Rabois told an Evercore-hosted event that firms like Meta over-hired by thousands of staff. It's all fake work," Rabois said. Speaking remotely from Miami at an event hosted by banking firm Evercore, he called out major tech firms for over-hiring and said the sector's current mass shedding of jobs to rein in costs was overdue. Later on the call, he estimated that Alphabet's Google and Facebook owner Meta had thousands of employees who don't do anything.
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