worth considering this:
- big data doesn't mean good data
- a big short list doesn't mean a high quality shortlist
- value from this product is not only measured in candidate sourcing, but the quality (read post hire performance) of the candidates sourced and then hired (this takes time to assess)
That's some FA to consider.
TA - oversold i think. Expect this to run back up, but also to be sold into.
SaaS valuations have been smacked, look at LinkedIN, this has affected the entire industry - especially those with hardly any revenue. The risk appetite has shifted.
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