Insight certainty 4/5 debate potential 2/5

Medina: Traditional agencies cannot rapidly scale hiring without recruiter marketplace bundling

Bram Medina · 3 co-founders own 33% each of new recruiting marketplace and SaaS tool · Jun 1, 2022 · at 5:03

Bram Medina, founder and CEO of recruiter marketplace HirePort, explains why he transitioned away from running a traditional recruitment agency.

0:00 / 0:19exact quote · 19.1s
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“The amount of people on your payroll just limits how scalable your solution is. And most companies would call us and say, listen, I need a team of 10 engineers and I need them within two months. That is not something that any agency can easily, easily can do. That's only something that you can do when you bundle all the forces of a lot of players and you instantly make that available.”

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More from Bram Medina

Opinion
Medina: Higherport can 10x to 15x revenue with current infrastructure
“With the current infrastructure and team that we have, we can do 10 times, 15 times the revenue that we do right now.”
Bram Medina Jun 1, 2022 ▶ 10:49 3 co-founders own 33% each of new recruiting marketplace and SaaS tool
Disclosure
Medina: Recruiters receive over 80% of Higherport placement fees
“Over 80%.”
Bram Medina Jun 1, 2022 ▶ 3:25 3 co-founders own 33% each of new recruiting marketplace and SaaS tool
Assertion Not checkable as stated
Medina: Over 60% of Higherport's 104 recruiters are active weekly
“So right now, let's say amount of recruiters that are Active from those 104 is over 60%. And the amount of recruiters proposing is around 30%. And that is already with the size that we are today, which is relatively small as 30 companies that are on the platfo…”
Bram Medina Jun 1, 2022 ▶ 11:59 3 co-founders own 33% each of new recruiting marketplace and SaaS tool
Assertion Not checkable as stated
Medina: Higherport has placed close to 20 candidates since launch
“I think it would be. Close to 20.”
Bram Medina Jun 1, 2022 ▶ 12:59 3 co-founders own 33% each of new recruiting marketplace and SaaS tool
Assertion Not checkable as stated
Medina: Higherport is growing 30% to 50% quarter-over-quarter
“So if you look at our growth right now, it's between 30, 50% quarter and quarter.”
Bram Medina Jun 1, 2022 ▶ 13:14 3 co-founders own 33% each of new recruiting marketplace and SaaS tool
Disclosure
Higherport is targeting a €2M funding round
“We are going to raise the two million euros.”
Bram Medina Jun 1, 2022 ▶ 16:32 3 co-founders own 33% each of new recruiting marketplace and SaaS tool
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