Disclosure certainty 4/5 debate potential 1/5

Waldo Labs retains about $40,000 in monthly net profit

Taylor Bergen · Bootstrapped to $1m in Under 18 Months, How he's growing his ATS SaaS · Aug 14, 2022 · at 12:54

Taylor Bergen, founder of recruiting automation platform Waldo Labs, discusses the bootstrapped startup's cash retention and operating margins.

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“So the other 50, we keep in the bank. We also have like some third party tools and solutions that we invest in, but yeah, it's about 40 K a month that we have in, in like overall.”

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Opinion
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Insight
Bergen: Recruiting agencies bloat overhead by hiring sourcers instead of automating
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Assertion Not checkable as stated
Bergen: Waldo Labs has made a hire for every client worked with
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Assertion Not checkable as stated
Bergen: 40% of first candidates submitted by Waldo Labs are hired
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Disclosure
Waldo Labs charges a flat $7,000 monthly fee for three roles
“So our model is we just charge seven K a month, take on your top three priority roles at a time. That's it. No additional costs, no hidden fees, nothing.”
Taylor Bergen Aug 14, 2022 ▶ 1:20 Bootstrapped to $1m in Under 18 Months, How he's growing his ATS SaaS
Assertion Not checkable as stated
Bergen: Waldo Labs clients achieve an average 22-day time to hire
“Their average time to hire is 22 days, but they'll typically have a handful of roles they want us to fill.”
Taylor Bergen Aug 14, 2022 ▶ 2:05 Bootstrapped to $1m in Under 18 Months, How he's growing his ATS SaaS
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