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John Younger

๐Ÿ‘ค Speaker
165 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

Sure.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

It was.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

It was from about 87 to 93, 94.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

Got it.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

And it was actually when I was managing all the recruiting for two divisions, about 16,000 employees, that I asked the question, is this really the best we can do?

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

And that's really what set me on the course that I'm actually still on today.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

I didn't.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

I actually launched a company called Ynet and I launched it actually in November 96 and sold it.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

Sorry, February 96, sold it in November 96 to a company called Trinet that outsources HR and payroll.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

Um, that sale price, well, it depends on how you, it was mostly in stock, so it's hard to put a dollar value on it.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

Um, it was probably pushing $4 million, something like that.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

So, so I stayed with Trinet and we were on Inc.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

Magazine's 500 fastest growing companies.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

Uh, every year I was there for the next four years.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

And in fact, we had really hit some milestones that allowed us to ultimately get a major investment from General Atlantic, who ultimately took it public.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

I left in early 2000 and ultimately started a colo.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

So what I realized is that all of this knowledge of how to recruit is completely tribal.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

It's still tribal today for most companies.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

And so one of the first recruitment process outsourcing companies, Acolo is like a turnkey internal recruiting department.

SaaS Interviews with CEOs, Startups, Founders
989 How This CEO Split His Company and Cleaned Cap Table At Same Time

So ended up growing Acolo and it struggled at first.

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