The Ledger
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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 will not do dilutive financing right now
“The answer is that we do not want to do anything dilutive right now.”
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: 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 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 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 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.”