Lonnie Schneiberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
Okay.
No, they're separate companies.
Uh, some of the partners invested also in Oichao, but, uh, these are two separate entities and, uh, uh, one is running in Brazil and the other is in international, uh, monster actually where we're, uh, growing pretty fast.
We just surpassed Bloomberg in traffic recently with 100 million sessions a month on the site alone.
So it's a
It's a very, it's a major operation.
Oichao is a, that's a good deal.
Oichao is a baby, but growing very fast.
Uh, there is a, there's a big issue in Brazil, uh, which is related, as you said, there are 3 million lawsuits a year.
Uh,
business owners not necessarily know the extra hours that their employees are doing.
And then they found out at the end of the month, they need to pay a few extra salaries because of these extra hours, which they're required to pay by law.
So, okay.
Correct.
Uh, it's a time and attendance, uh, application.
Um,
But it's a very smart application.
So we know to identify the where, the who, and the when, when people punch in or punch out, how much time they need, all the extra hours that they need, notify about any problem which is outside
what the manager configures in real time to the manager.
So you don't need to wait for the end of the month to find out you have a problem with an employee.