BrassRing Acquired, LinkedIn vs. Degreed, RippleMatch, Talent.com IPO?


How's that saying go? Empires don't die with a bang, they go out with a whimper. Or something like that.


If you're thinking the acquisition of Brassring, after it was snatched up by IBM a decade ago with a price tag just north of a billion dollars, is kind of like that whole whimper thing, you're not alone. And good luck recognizing the company who wrote the check this time 'round. If you're more into up-and-comers, however, this week's got that too, with university employment solution RippleMatch getting big money to take on Handshake and the other companies hoping to own the college recruitment space. Want established players? Of course this show discusses the latest LinkedIn news. With their latest initiative, newly minted unicorn Degreed might be a little nervous. The whole show is bookended with McDonald's latest strategy to combat candidate ghosting.


As usual, this bit of aural gold is powered by Sovren, JobAdx, and Jobvite.


PODCAST TRANSCRIPTION sponsored by:

Disability Solutions helps forward thinking employers create world class hiring and retention programs for people with disabilities.


WARNING (0s):

Hey guys, it's Cheese. Look, Chad's on vacation this week, which means two things. One, we have a guest cohost be nice to him. Just like Chad, he's a middle aged bald white guy. So you probably won't even notice a difference. And two, since Chad does all of our editing, this episode is going to come at you *raw. So what we say is what you'll get no filter dogs barking and doorbell's ringing. So buckle up. This is Chadless and Cheese.


*NOTE: Raw means Joel has podcasted for 4+ years and barely knows how to set-up his own mic, let alone produce a clean podcast. - Chad


INTRO (37s):

Hide your kids! Lock the doors! You're listening to HR’s most dangerous podcast. Chad Sowash and Joel Cheeseman are here to punch the recruiting industry, right where it hurts! Complete with breaking news, brash opinion and loads of snark, buckle up boys and girls, it's time for the Chad and Cheese podcast.


Joel (59s):

I hope you love East coast bias and mad science. Welcome to the Chad and Cheese podcast. I'm your co-host Joel "lean, mean and vaccine" Cheeseman


Chris (1m 10s):

and I'm Chris "yes, I listen to yacht rot" Russell.


Joel (1m 14s):

On this week's show LinkedIn tells Degreed, hold my beer. Hey, do you smell an IPO? And no, no, no. That's McDonald's anti-ghosting strategy you're smelling, I'll have a number three with a McOrange. Thanks.


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Sovren Promo (2m 15s):

like all the others. No, with Sovren, matching is completely understandable, completely controllable, and actually kind of fun. Sovren ~ software so human you'll want to take it to dinner.


Joel (2m 32s):

Chris Russell. Welcome to the show, man. What's up?


Chris (2m 37s):

Hey, now I'm a good replacement for Chad. I think.


Joel (2m 42s):

Like I said, another middle-aged balding white guy. What could go wrong?


Chris (2m 46s):

You can keep the same avatar Joel.


Joel (2m 49s):

Hey man. Yeah. So some people don't know who you are, you and I go back 15 years, at least. All County Jobs and Cheesehead for who remember that stuff. But those, for those that don't know, you rattle off, I guess the number of shit, that your stuff you're doing right now. And, and it talk about your podcast and just get them up to speed.


Chris (3m 12s):

Yeah. Rick Tech Media is my company. I've been in the space for 20 years, ran a bunch of job boards back in the two thousands. And a couple of other startups that went bust. Was a corporate recruiter for a couple of years until I got fired. And since then been doing Rec Tech Media. So I'm an entrepreneur, podcaster, writer, consultants, and kind of a recruiting junkie if you will.


Joel (3m 40s):

Yeah. Yeah. So you haven't, you haven't started a new job board lately. I guess that's very telling because you used to love to start those things up.


Chris (3m 47s):

I do a lot of consulting jobs today.


Joel (3m 50s):

Yeah. You're you're also an avid sports fan and I want to make sure that you're not on the ledge right now. The Yankees are in last place and the red Sox are in first place. How do you feel about that?


Chris (3m 60s):

I've stopped watching the Yankees at this point. Joel.


Joel (4m 4s):

You're probably pretty torn up about the A-Rod, J-Lo breakup too, right?


Chris (4m 8s):

Oh God, no, but I'll just say that analytics has ruined baseball, let's put it that way.


Joel (4m 13s):

Analytics has ruined baseball, but you're a Knicks fan. So there is room. <inaudible> for what happens to him there, man. Whatever I want. I want some of that shit.


Chris (4m 25s):

Whole new level. Fourth place in the NBA East and coming for the Nets.


Joel (4m 32s):

Come'in for the Nets, all right. All right. Apologies to all of our international listeners who hate when we talk about regionalized and Americanized sports. So Adam Gordon, sorry about that, man. Let's get, let's get to some outs. Shall we? I'm going to make it short. Chad's the big shout out guy. So I'll keep it brief. Victoria Conley everybody she won our beer drop last month and she beer dropped the beer droppers. She sent Chad and I a six pack of beer called John out of Philly and a couple of tomboys, a sweatshirt, and even a koozie.


Joel (5m 13s):

Chris, are you familiar with the terms, John, as a New Yorker, Connecticuter.


Chris (5m 17s):

And it was Sean John Puff Daddy.


Joel (5m 21s):

Yeah. The term John is like a thing of a ma jiggy, I guess in Philly. It's it's new to me. Yeah.


Chris (5m 26s):

Wow never heard of that.


Joel (5m 28s):

Wikipedia that shit. If you're interested, you got any shout outs?


Chris (5m 31s):

I do actually. Shout out to my 18 year old daughter, Joel.


Joel (5m 34s):

What?


Chris (5m 35s):

She <inaudible> is going to be 25% raise, She bolted a $12 an hour job at a daycare for a waitress job at a country club making $15. And perhaps she'll now stop asking me to borrow 20 bucks every other day for gas.


Joel (5m 54s):

Daycare job. Jesus.


Chris (5m 56s):

Ironically though the job she got is thanks to pandemic, because a country club told her in the interview that they normally hire temporary workers from Europe to come in and do the serving stuff. But because of restrictions they had to hire from the US obviously, so good for her actually. So.


Joel (6m 14s):

So she's in what grade?


Chris (6m 16s):

She's a graduating high school in a couple of months.


Joel (6m 18s):

Okay. So you're going to be an empty nester, right?


Chris (6m 20s):

Yep. She's off to Endicott College in the fall North of Boston there and yeah, I'm already saving my pennies.


Joel (6m 28s):

So Chad became an empty-nester this year, essentially. Like, what are you looking forward to with the kids out of the house,


Chris (6m 35s):

Less of a mess, she makes.


Joel (6m 39s):

You know, I'm so jealous, cause I have a four year old I'm going to be like 89 by the time my kids are out of the house.


Chris (6m 45s):

So, leaving the door open every, every five minutes and leaving your crap all over the bathroom sink, you know.


Joel (6m 51s):

Nice, nice, nice. Well, shout out again, not necessarily shout out, but make sure you guys speaking of Victoria, if you haven't signed up for free shit, you gotta do it. We're giving away free t-shirts, we're giving away free beer sponsored by AdZuna. We're giving away whiskey sponsored by our buddies at Sovren and teaser alert, we're going to be starting, that the ink is still drying on the agreement where we're going to be starting wine with Cheese and Chad sponsored by High Bar. So We're fully committed to destroying every liver possible in our industry.


Joel (7m 32s):

And we couldn't be more excited.