Re:I Almost Let My Failed Startup Destroy Me
by mtrimpe on Wednesday January 07, 2015 @05:55AM
(#8849841)
Having sold a product to the recruitment market for a while I can wholeheartedly confirm this.
There's no first mover advantage here; there's only a "most able to convince people to switch from 90's tech to 00's tech"-advantage.
FWIW We sold video interviewing software and decided to abandon recruitment because the market had low requirements for software quality / innovativeness and high requirements for stability and track records; which was the polar opposite of what we offered.
Additionally; ATS integration was paramount for all large players. ATS providers knew that and charged for it at levels only heavily funded companies could afford.
There's no first mover advantage here; there's only a "most able to convince people to switch from 90's tech to 00's tech"-advantage.
FWIW We sold video interviewing software and decided to abandon recruitment because the market had low requirements for software quality / innovativeness and high requirements for stability and track records; which was the polar opposite of what we offered.
Additionally; ATS integration was paramount for all large players. ATS providers knew that and charged for it at levels only heavily funded companies could afford.