John Younger
๐ค SpeakerAppearances Over Time
Podcast Appearances
Raised money in 2007.
How much?
About $4 million.
And we ended up getting to a place where we're hitting about $2 million a quarter and growing quickly right when the bubble burst in 2008, 2009.
brutal period, most of the companies that did what we're doing went out of business.
In fact, one of them, Herian, I called the CEO right as they were filing Chapter 7 and took over all their customers because it was going to hurt the industry if we hadn't done that.
And then it was really a little later on, we got Colo back on track and started HireMojo around 2015.
We realized we had built a platform that had
really grown to learn with every job and ultimately put this recruiter bot concept to work.
I am still involved.
I have someone else running it, but we recognized that there were two totally different businesses.
Okolo is a recruitment process outsourcing company that,
Like I said, it's a turnkey internal recruiting department.
The technology underneath it, we realized, could support thousands, hundreds of thousands of businesses that didn't want RPO but wanted to make it possible to fill jobs way more easily.
So we separated the companies in January 2015.
Yeah.
It was, yeah, eight, nine million, something like that.
We had clawed our way back.
Oh, this is, you're going to laugh at this, Nathan, because this is very unusual.
So imagine having a company whose cap table has an ABC rounds of financing, has preferred warrants with put rights, a very complex cap table.