Everything Evan Sohn said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Sohn predicts Recruiter.com will reach profitability by early 2022
“And so we're trying to do this in a balanced fashion, hit profitability, and we'll, we'll get there early in 22.”
Sohn: Recruiter.com should be valued at $80M to $100M
“I would say no less than no less than 80 to a hundred million.”
Sohn: The job hopper economy and high quit rates are permanent
“We saw a 4.3 million people quit in August. That is not going away. We are in a new economy. I call it the job hopper economy.”
Sohn: Recruiter.com generates around $4M monthly in organic SEO value
“We were probably getting four million dollars of organic SEO on a monthly basis.”
Sohn: Recruiter.com has reached a $20M annualized revenue run rate
“So if we did over five million last quarter, that brings it to about a twenty million dollar run rate.”
Sohn: Many funds cannot invest in companies under $200M market cap
“Many funds have limitations on, they can't buy a company that's under two hundred million dollars in market cap.”
Sohn: Recruiter.com will not do dilutive financing right now
“The answer is that we do not want to do anything dilutive right now.”
Sohn: Recruiter.com's largest customers come directly from inbound web traffic
“But our biggest customers are all people that hit our website.”
Sohn: Recruiter.com has over 50 standalone software subscription clients
“We have like 50 plus clients today that are just subscribing to our software to build pipelines of candidates.”
Sohn: Recruiter.com generates over $200K monthly in software MRR
“A little over 200,000 dollars a month in recurring monthly revenue on the software side.”
Sohn: Recruiter.com is growing 25% quarter-over-quarter
“We're growing 25% quarter over quarter.”
Sohn: Recruiter.com trades at 2x revenue on $20M run rate
“So if we're doing, you know, if we're doing a twenty million dollar run rate now on revenue, we're only trading two times revenue.”
Sohn's long-term incentive plan is tied to stock price multiples
“My long-term incentive plan is tied to a multiples of the stock price, not 10%, 20%, like real noticeable.”
Sohn: The recruiting industry is a $120 billion fragmented market
“The recruiting industry is a hundred and twenty billion dollar industry, huge giant industry. Fragmented across, you know, so many different ways and sectors.”
Sohn personally owns about 4% of Recruiter.com fully diluted
“About four percent.”
Sohn: ZipRecruiter trades at 5x to 6x run-rate revenue
“ZipRecruiter is probably trading at, you know, five, six times revenues run rate revenue.”
Sohn: Recruiter.com has approximately 75 employees
“The company is about 75 people.”