1-Page picks up big name tech company customers

Jun 5 2015 at 12:27 PM

• Updated Jun 9 2015 at 4:50 PM

1-Page picks up big name tech company customers
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Technology companies such as Amazon, established by Jeff Bezos, have signed up to 1-Page's recruitment services. Joe Klamar
by Jonathan Shapiro
When 1-Page first presented itself to sharemarket investors, it struggled to pass the sniff test. A backdoor listing of a foreign tech firm with a grand vision led by small brokers meant many small cap managers passed over what appeared to be a classic spruik.
But those that went along to the investor briefing and bought into the story aren't regretting their decision to back 1-Page. The company's shares are up more than 300 per cent since it floated in October 2014 via a backdoor listing.
At the current price of $1.45, the business is valued at more than $116 million. The stock traded as high as $2.29 in late March. The 2015 gain of 22 per cent is well above the overall market's 1 per cent gain.
The company was co-founded in the US by Joanna Weidenmiller and her father Patrick Riley. It builds on his bestselling book idea that the best business pitches should be condensed into a single page.

Ms Weidenmiller bucked a trend by heading down under for public capital but has convinced most observers that the ASX is a clever path to an eventual listing on the Nasdaq.  
The business's premise is that through a social media platform it can help employers tap a broader passive talent pool and find better matches in the process to save money and improve efficiency.
Based on the constant string of filings to announce new customers, it appears the 1-Page story is resonating with big firms. Tech names such as Amazon, Pandora and BuzzFeed, to older economy enterprises such as First Republic Bank, Sears and Red Bull have all signed up.
This is still a business that regards itself in an "embryonic" state and therefore still reporting large multimillion-dollar losses, but investors remain hopeful they've backed a winner that Silicon Valley's cashed-up, growth-hungry titans will bid up rather than sign up.