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2022 Best Podcast Award
Disability Solutions

LinkedIn Loses Again


Recording live from Ostend, Belgium, ahead of the House of HR conference, the boys are in the kind of zone only a pint of Chimay can inspire. LinkedIn loses again and Comparably says it’s probably time to stop thinking Glassdoor is vulnerable (and chalk up another acquisition where terms aren’t disclosed). The boys then play a little buy-or-sell with BarRaiser, Valence and Pando “Don’t Call Us Logical.” Nike vs. Airbnb wraps up the show making us question which WFH policy will rule the future (hint: it rhymes with “hairbnb”).


Oh yeah, and you gotta about the boys wild Amsterdam adventure with sponsor Textkernel. Cheers!


PODCAST TRANSCRIPTION sponsored by:

Disability Solutions helps companies find talent in the largest minority community in the world – people with disabilities.


INTRO (1s):

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 (22s):

Oh Yeah, we are recording live from Ostend, Belgium so the next round of waffles is on me. Hey kids, you're listening to the Chad and Cheese podcast. This is your co-host Joel "sexual healing' Cheeseman.


Chad (34s):

This is Chad "I wish I knew how to get on a train" Sowash.


Joel (38s):

And on this week's show, LinkedIn loses again.


Chad (40s):

Oh no.


Joel (41s):

Pando raises the bar and ZoomInfo go shopping. Let's do this. Little Sexual Healing, so little known fact, Marvin Gaye for the kids out in the audience that don't know arguably the greatest singer of all time in popular music.


Chad (56s):

Yes. No question.


Joel (56s):

If you haven't heard of his rendition of the national anthem, do yourself a favor and YouTube that one from the all star game.


Chad (1m 4s):

Aand then Jimmy Hendricks after that.


Joel (1m 6s):

So anyway, Marvin spent some time here in Ostend, Belgium. Lived here.


Chad (1m 11s):

I had no clue.


Joel (1m 12s):

No clue, right? I Googled things to do and Ostend, and he's got an actual tour called the Digital Love tour, which is appropriate now. Yes, he lived here. There's video footage. There's a documentary of him hanging out with some Belgians and having a good time, but he apparently read and or recorded Sexual Healing right here in Ostend.


Chad (1m 34s):

Really?


Joel (1m 34s):

So I'm feelin' the love.


Chad (1m 36s):

Wow.


Joel (1m 36s):

So I'm Joel "Sexual Healing" Cheeseman for this this week.


Chad (1m 39s):

Very nice. My favorite Marvin Gaye song is What's Going On?


Joel (1m 44s):

And album as well.


Chad (1m 45s):

Oh my God. That song I can listen to it like on repeat all day. Amazing in the guy's voice. I mean, Heard it Through the Grape Vine. I mean, he's got so much good stuff, but anyway, yes,


Joel (1m 56s):

Much, much great greatness from 1971. That song and album was released.


Chad (2m 3s):

Yes.


Joel (2m 3s):

50 almost one, two years ago.


Chad (2m 5s):

Years ago. Yes. Yes. So we are in, obviously Ostend, every time Lieven says it, it sounds like you saying Austin, like Austin, Texas.


Joel (2m 17s):

That's what I thought it was at first, Austin. I thought, well, that's a weird place for a European conference.


Chad (2m 26s):

Belgium conference.


Joel (2m 26s):

I've seen it spelled many different ways as well.


Chad (2m 29s):

Yeah. Well we're not just in Belgium, kids. We, actually took a train yesterday to


Joel (2m 38s):

Amsterdam baby.


Chad (2m 38s):

Joel's first time in Amsterdam.


Joel (2m 40s):

Amsterdam Virgin.


Chad (2m 41s):

And we didn't hit the red light district. I know we're going to, we need at least the whole weekend for that.


Joel (2m 45s):

My wife tracks me on my iPhone. So I can't be caught in the red light district.


Chad (2m 48s):

That's why you keep it in the hotel.


Joel (2m 52s):

Does that work for you? That doesn't work for me.


Chad (2m 54s):

She doesn't track me so I don't have to worry about that.


Joel (2m 57s):

So beautiful city.


Chad (2m 58s):

Yes.


Joel (2m 59s):

The most chill artsy fartsy place I think I've ever been.


Chad (3m 2s):

Gorgeous.


Joel (3m 2s):

I felt like I was in a Willy Wonka sort of art deco movie from the seventies.


Chad (3m 9s):

Oh my God.


Joel (3m 11s):

Great architecture, great history and great company. We met up with our friends at Textkernel Gerrad, Samantha and Chris, all friends of the show. And it was great meeting them and having, having some quality time with a sponsor, eating good food and drinking good beer and having good conversation much of which will be off the record Chad. We will do that for odd requests.


Chad (3m 34s):

Not to mention the beer just tastes so much better when somebody else is buying it.


Joel (3m 38s):

I got a question though, is the beer alcohol content on some sort of metric system here in Europe? Because it seems a little higher than it does back in the states. So I don't know if that's a metrics thing or what?


Chad (3m 50s):

yes. The ABV percentage is on metric system. I don't, I don't know. We'll have to look that one up for later


Joel (3m 55s):

I know a guy we can ask.


Chad (3m 57s):

We can. One thing that we need to do, though, I've got to cover this quick is I, we didn't get home till 2:00 AM last night asked we had so much fun and Amsterdam. No, no. Chad fucked up the train.


Joel (4m 10s):

I'm just going to let you sink on this one. I'm going to stay quiet over here, drinking my Chimay, man.


Chad (4m 15s):

It's really fucked up in Joel was actually pointing at the train saying, Hey, I think this is our train. I'm looking at the board, which hadn't updated yet. And I'm like, no board said this isn't our train. Are you sure this isn't the train? He asked like 10 times I'm like, and the board doesn't say it's the train. So it's not the train. Yes,


Joel (4m 32s):

It's right behind this one.


Chad (4m 34s):

As soon as it left the board updated and I went, oh shit, that was our train. So, you know, that was not good. So


Joel (4m 42s):

As a side note, I saw no bar in the airport, so we were doubly screwed and that we had to just sit there and just take it. No, no medicine to help take wash down that pill.


Chad (4m 56s):

We have a Congress tomorrow.


Joel (4m 58s):

We do. We actually have to work on this trip.


Chad (4m 59s):

If you want to call that work. Well, we


Joel (5m 1s):

Definitely work.


Chad (5m 2s):

Have to work. What? Classify that.


Joel (5m 3s):

We have to throw fruit from a balcony at people. Yeah. We are a full on the E-recruiting Congress put on by our friends at House of HR love though, if you haven't listened to the European podcast and gotten a taste of Lieven's, sarcastic knowledge of the industry and the continent, you gotta tune in for that.


Chad (5m 23s):

So good.


Joel (5m 23s):

But they invited us to come in and sit in the balcony, which allegedly there's a bar and it's totally entrapment. I feel bad for the last few speakers that are going up, but we're gonna heckle and interview and get some good content for you guys. Excited about what's going on in Europe. Tons of money, tons of startups, tons of cool stuff going on here. And I'm really excited to see some old friends, meet some new ones and get some good content. Hopefully deliver that to the listeners of the Chad and Cheese podcast.


Chad (5m 57s):

Planes, trains, and bird scooters, got us to the House of HR.


Joel (6m 1s):

Love me a bird scooter, baby.


Chad (6m 3s):

E-recruitment, Congress. I cannot wait. Then the next week I get to actually go back to my new home. Hopefully knock on wood. We get to close on a condo.


Joel (6m 13s):

Podcaster in Portugal, by the way on bird scooters, a lot less fun here in Europe, because they actually have lanes for bikes and scooters. In the states you got to ride the snake baby. It's a wild ride. So it was a little less, less exciting riding, the bird scooter.


Chad (6m 29s):

You might get Christine on a bird scooter here.


Joel (6m 32s):

I could she loves Europe for so many reasons. I could maybe do that.


Chad (6m 35s):

I had taking a header in Paris is not a good reason.


Joel (6m 37s):

Yes. Paris is a little snake-ish. That's a little more dangerous than Belgium apparently.


Chad (6m 44s):

And we should do some shout outs. Let me go ahead and throw the first one out there to Darrian Mikell, you might know this kid. He was on Firing Squad, the CEO founder of Qualifi. That's the weird


Joel (6m 59s):

the koala.


Chad (7m 0s):

Yeah, the Qualifi, but it's spelled weird. Anyway, anyway, he won the Rising Entrepreneur Mirror award during TechPoint's 23rd annual Mirror Awards gala honoring the best tech in Indiana. One of the things that I think really drives me crazy about our industry is when people say, oh, you're from Indiana. Motherfucker the industry literally was born in Indiana. We have so many like tech Recruitment Tech, HR Tech, TA tech, experts in this space in Indianapolis and around Indianapolis in Indiana. To have the Mirror Awards and have a guy like Darrian, who by the way, got I think a double applause on Firing Squad, which I think the Mirror Awards actually listened to and that actually helped him win.


Joel (7m 49s):

Really everyone that touches our show has huge success. Whether it's acquisitions, awards, whatever you need to be on the show because good fortune will follow you. By the way, there needs to be a Wikipedia page on Indiana's contribution to the online employment. Can we get somebody on that?


Chad (8m 4s):

No Shit.


Joel (8m 7s):

Anyone want to do that? That'd be Great. Yeah.


Chad (8m 11s):

Jerry Crispin, maybe. I don't know.


Joel (8m 13s):

From New Jersey. Yes,


Chad (8m 15s):

But seriously. Well, he cares about history though.


Joel (8m 19s):

That's history.


Chad (8m 20s):

But seriously congrats Darrian and the team over at Qualifi for winning the Mirror.


Joel (8m 25s):

Well Chad an event that is not in Indiana, but very close on the shores of Chicago. I got to talk about Perks Con. Perks Con is a thing happening May 11th.


Chad (8m 36s):

Is this porn?


Joel (8m 37s):

Nope, perks like employee perks.


Chad (8m 39s):

I know, but you never know these days.


Joel (8m 41s):

Depending on the employer, we've talked about the wank room or the wank pod. So I don't no word if the wank pod is going to be at Perks Con, but who knows since Perks Con happening in the windy city features quote "the best and employee perks and benefits", but that's not all Chad.


Chad (8m 59s):

Yeah.


Joel (8m 59s):

This year Perks Con is pulling out all the stops from a signature champagne toast to a full metaverse experience. But wait, that's not all Chad.


Chad (9m 12s):

What?


Joel (9m 12s):

Perks Con is also introducing its own NFT quote unquote "golden tickets" this year where 20 randomly selected attendees will have their digital event ticket transformed to a valuable NFT offering lifetime attendance at Perks Con.


Chad (9m 29s):

Stop.


Joel (9m 30s):

Holy hell conferences are taking it up a notch. Everyone pay attention. If you're not doing it, Perks Con style, you're just not doing it right.


Chad (9m 36s):

Yeah. You said, pull out and then taking it up. And I thought you going to say taking you up something else. A big shout out to


Joel (9m 47s):

That's a perk


Chad (9m 48s):

Big shout out to Facebook who is pulling podcast, their podcast app out. They're pulling out of the podcast platform. Podcasting is hard, man. I mean, I don't know how many podcasts. They're like a million podcasts that are out there. And like 70% of them have six episodes. And that's it. And people, I mean, they just stop because it's not easy. It's really hard. Let's put it that. I'm saying this from the shores of Belgiun, by the way.


Joel (10m 15s):

Pulling out. It's really hard. We got it Chad.


Chad (10m 18s):

But Facebook, obviously they couldn't handle it. And this is interesting to me because the content that they would be able to pull in could have been amazing. Right? Why do you, why do you see them pulling out with something like this?


Joel (10m 31s):

Well, they've got their hands full with this whole metaverse thing. So I think just like pulling out jobs, they're cutting some fat and maybe took a lesson from our friends at CNN and said, you know, packing up shop and pulling the cord is maybe not the worst thing in the world.


Chad (10m 49s):

Gotcha.


Joel (10m 49s):

What's interesting to me, as well, as you might remember, bulletin that they launched a few months ago, maybe a year ago, which was their content play.


Chad (11m 0s):

Yes.


Joel (11m 0s):

They paid high-profile thought leaders to add content. Yeah. Everyone's have sort of forgotten about it at this point. I don't even know if it's still alive, but bulletin and may get it's plugged polled soon as well. And I'll add Chad, you might remember LinkedIn launched its podcast thing of a jiggy


Chad (11m 20s):

Shit. I forgot


Joel (11m 21s):

Which eeryone has already forgotten about it. That was back in February. So I wouldn't be surprised if LinkedIn takes a little cue from Facebook and shuts down it's podcast offering some relate to stories that had no business getting into either.


Chad (11m 36s):

It's not easy kids. It's not easy.


Joel (11m 38s):

Pat ourselves on the back real quick. If we can do it, everyone can do it. Shout out to Sonic Chad


Chad (11m 45s):

Sonic. Yep.


Joel (11m 46s):

What goes with a great beer? What goes with a good beer is a great burger. Sonic has been producing them for a long time. Anyway, that's not what we're here to talk about. The great American hospitality LLC company, ASonic licensed Z we're in Europe. A lot of people don't know Sonic, but they serve up good burgers, I think fast food style.


Chad (12m 8s):

Greasy.


Joel (12m 9s):

They have partnered with Daily Pay to provide an on-demand pay functionality to its employees. Through this partnership hundreds of Sonic employees can now access their pay immediately after completing a shift. Why isn't everybody doing this, Chad?


Chad (12m 22s):

Because they like holding on to cash? That's why. Yeah. I mean it, there's no question if you want to provide perks to your employees and hopefully get them off the payday fucking loans and shit like that, just give them the fucking money, man. I mean, we, in the U S we have a huge issue with payday loans and people just digging holes, and I'm already talking about low wage-earners. Right? So we've gotta be able to do something to be able to help them get cash faster. Maybe pay them a better wage too? Fuck I don't know. But anyway, this is a great move.


Joel (12m 54s):

Great morality. Great thing to do, but also good business sense, Chad, because paying your people the day of is probably a good retention and recruiting tool. I know that if I was in that line of work, I would probably gravitate toward a company that paid me the day that I worked, as opposed to waiting two weeks. Do people still do two weeks? Right?


Chad (13m 13s):

They do.


Joel (13m 14s):

Good Lord. Well, think of that for nursing. I mean, for everything seriously. I mean, it just makes good sense. The other shout out to Recruit CRM's marketing department. Okay. So we had Recruit CRM on the show. They did firing squad. They did very well, but for most companies that's enough. They do the show and maybe the CEO shares it on on LinkedIn/ companies should really take this kind of content marketing to the next level and Recruit CRM to their credit, they did an actual image of your mug with my mug and it's a cartoon animated head.


Joel (13m 56s):

And then they did the same with their CEO. So it was a consistent cartoon kind of thingy. Created, you know, listen to the podcast. Here's our company, yada, yada, and marketed that on social media. And I just think it's that little extra something that not enough marketing departments do. And I just wanted to point it out. Like this is not a big company. Right? But they, they went the extra mile and we appreciated it. And we thought enough to say something on the show that marketing people do better.


Chad (14m 25s):

Content, baby content.


Joel (14m 27s):

So many great tidbits from not just our show, but other other times you're on podcasts or like.


Chad (14m 34s):

So easy! Soundbites.


Joel (14m 34s):

Soundbites, visuals. Yeah. A lot of stuff that you can be


Chad (14m 37s):

Like, oh yeah.


Joel (14m 38s):

Don't just, don't just give money to Facebook and Google and call it a day. Think outside the box a little bit. Yes. Chad, let's talk about free shit real quick.


Chad (14m 46s):

Free shit.


Joel (14m 47s):

Got to talk about it. All right guys, if you love free shit and who doesn't.


Chad (14m 57s):

I love these free olives that we got at the bar.


Joel (14m 59s):

Starburst cracker things. Delicious.


Chad (15m 1s):

Awesome!


Joel (15m 1s):

Yeah. Who knew? So, everyone loves free shit, but you gotta register to win. You gotta take a little extra step than most people.


Chad (15m 9s):

It's easy.


Joel (15m 10s):

You gotta go to Chadcheese.com, click on the link, put in your information. We're talking about free t-shirts and not some crappy Hanes beefy tee, we're talking about tri-blend, comb cotton. Like we spare no expense


Chad (15m 25s):

Comb cotton,


Joel (15m 25s):

That's thanks to Emissary, who's sponsoring that effort. We also have beer from our friends at Pillar and solid quality whiskey. I'm kind of in a scotch mood here that we're in Europe, or maybe Cognac or something we might have to throw out this month. But anyway, if you like whiskey, you have, you had a chance to win that. Just go to Chadcheese.com, click on the free link and register today.


Chad (15m 51s):

Excellent.


Joel (15m 52s):

And with that.


Chad (15m 52s):

Topics!


Joel (15m 53s):

All right, Chad, LinkedIn is in the news again. Remember last week they were suing HighQ?


Chad (16m 2s):

Yeah.


Joel (16m 2s):

The media seemed to think was a big win for the industry. It was a little win for LinkedIn's legal department, for sure. Anyway, LinkedIn, and the US Department of Labor have settled allegations that the business networking, social media company failed to pay its male and female workers equally.


Chad (16m 25s):

Booo.


Joel (16m 26s):

LinkedIn is required to pay the effected employees $1.8 million. So they looked in the couch cushion for that pay back. They paid back wages and interest. They're set to hold compliance, training and evaluate their pay equity over the next three years. I'm not sure why it's going to take three years? But anyway, the Serta ledges pay discrimination that denied 686 female workers at the company, San Francisco and Sunnyvale locations between March of '15 and March of '17. I know this kind of shit gets you fired up Chad. Thoughts?


Chad (16m 57s):

Yeah. I mean, that's back wages that they should have paid in the first place with interest, yada yada, yada, the EEOC, the U S government needs to be fining people. Okay. That's not a fine, that's the money that these people earned and they should have had in the first place. Right? So we're sitting in saying, oh, they're finally coming to the table and doing what they should have. Well, they didn't, they got caught. They should've got fined. They didn't get fined. So this is $1.8 million that they owed these people in the first place. In the statement on Monday, LinkedIn said it agreed to settle the matter, but denied that they paid the employees unequally.


Chad (17m 37s):

That is total complete bullshit in my opinion. Here's a quote "in 2021," this is something that they, you know, they did cause this was coming out and they knew this, this information was coming out on the settlement and they knew they were going to settle. So they had to do something. Here's a quote. "In 2021, we conducted an equal pay analysis and found that globally for every one dollar earned by men, our female employees earn 99 cents on the dollar, which is closer than the most, in the U S are employees of color earned a dollar for every dollar earned by our white employees," LinkedIn side. I love it. When companies share a fraction of their comp data, because you know, those are their best numbers.


Chad (18m 24s):

Now show us the worst. This is why full pay transparency is a must. Again, EEOC listen, PR firms and compliance pros believe that the crumbs are good enough, right? The employees, candidates and future employees all deserve that data out in the wild. Everybody should know how companies are paying. And this shouldn't be a, oh, wait a minute, the US government had to dig into this data, right? It should be out there for everybody. And this just demonstrates that a big company like LinkedIn owned by Microsoft, they still have a bunch of skeletons in their closet.


Chad (19m 5s):

They're only showing two pieces of data here.


Joel (19m 7s):

Yeah. Chad, I know you love pay transparency. Thank goodness government is taking the initiative to make this the law of the land because these fees that these companies are enduring.


Chad (19m 23s):

Ridiculous.


Joel (19m 24s):

Put that in quotes, just are not going to change the system.


Chad (19m 30s):

No.


Joel (19m 30s):

The feet of LinkedIn, this is for 686 workers. That's not like four workers, right? That's a significant number. You might remember Google was required to pay $3.8 million last year for a compensation and hiring discrimination suit that happened there. This is chump change to Google, LinkedIn, these big tech companies. So unless the fees are going to be legitimate and the rewards are going to be significant. Remember there are legal fees in this. There are. I mean, if you really cut down on how much is going in terms of the workers, I mean, I don't know if it's worth it to go through the time and energy and legal battles to make this something that you want to do.


Joel (20m 17s):

So long story short I'm glad to see state governments, local governments, maybe federal governments at some point, make pay transparency the law of the land. Because I think this case shows that the fines are not going to get it done.


Chad (20m 30s):

Oh no. Well, in this again, this is not a fine, they need to be fined. And you point out a great, great area that is not covered. So they cover $1.8 million. What about all the time and that taxpayer money that was used to be able to get to this point, right? They need to fucking pony up for that shit too. This is not just about the employees who got fucked. This is now about the American taxpayer who's getting fucked, right. So again, Hey, great point. Great point.


Joel (21m 4s):

Money Chad. It's <inaudible> these motherfuckers. So let's talk about getting paid only if the details of the transaction are not disclosed.


Chad (21m 14s):

Go figure, go figure.


Joel (21m 15s):

Glassdoor wannabe Comparably has been acquired by ZoomInfo, a public company that trades under the ticker ZI. For those who don't know, Zoom collects data on people and organizations to support marketing, sales and recruiting initiatives details were not disclosed. Founded in 2015 by entrepreneur Jason Nazar, Comparablyy, he had raised a total of $13.8 million dollars. Comparably says it has 15 million reviews, enjoys 150% year over year growth, and saw more than 20 million visitors come to its employer review site last year. Nazar and the rest of the Comparably team will join ZoomInfo, which has 3000 employees and will also grow Comparably his team of just under a hundred people.


Joel (22m 1s):

The Comparably brand and product will remain intact. Chad, you got any thoughts on this deal?


Chad (22m 6s):

I'm finishing a cracker.


Joel (22m 7s):

They're so good. It's like a cheese garlic pepper explosion in your mouth.


Chad (22m 10s):

Gotta wash it down with <inaudible> here. Give me a second. Give me a second. Oh, that's good. I'm going to get a Duvel next to it. There's no question. Okay. So this is an interesting, because ZoomInfo is talking about attracting and hiring talent, number one and employer branding and recruitment marketing. I don't think those are areas that are really long-term and strategic wins for ZoomInfo, much like Google, Facebook and Stack Overflow. We've seen all those three organizations, big organizations jump out of talent acquisition and hiring and all that stuff. So I see ZoomInfo continuing to pull the data, for data's sake because they are a data company.


Chad (22m 51s):

I don't see them staying in the space at all, because I mean, if you think about all the different areas of business and business intelligence that they can actually go out and in rake in the cash, this is not one of them.


Joel (23m 5s):

There are two sides to this story from my perspective. So let's talk about the Comparably side real quick. The keyword there is 2015 founding. So if my math is right, 2022 minus 2015 is seven years. Seven years is typically the runway startups get by investors to have a liquidation event. And what did we have here? A liquidation event. So I think in large part, this deal had to be done in terms of the clock ticking from the investors.


Chad (23m 31s):

So a fire sale, you think?


Joel (23m 33s):

I don't know if it's a fire, it's a sale that had to happen, whether or not they took bottom dollar and we'll never know because the terms were not disclosed, but I have to think that it was not a hundred plus million dollar deal on this company. We can all agree that Comparably, he did not take down or really compete with Glassdoor in any significant way. They had partnered with ZipRecruiter late last year, which go to ZipRecruiter and try to find the Comparably data and reviews. Like it's not a real tight integration.


Chad (24m 8s):

Which is a failure for ZipRecruiter and Comparably. But I mean, but seriously, this because of ZipRecruiter really wants to compete with Indeed, they need to have the review data. I mean, a lot of that, that Glassdoor has in, I mean already integrated into Indeed.


Joel (24m 24s):

Yeah, I think so. There's, I don't know. Cause Monster a while back partnered with <inaudible>, for reviews, which they've since gotten rid of. So there there's some


Chad (24m 34s):

Is <inaudible> even around anymore.


Joel (24m 34s):

They're big in Europe, just like us Chad. So, so there's some disconnect with job boards thinking they can just plug in a little bit of data and I saw, I'm not sure what, what's the problem there, the disconnect there, but back to Comparably their founder is a serial entrepreneur guy. He, you know, founded a company before this one. So I think he was probably fed up with this whole employment business. He's probably got other ideas. My guess is he'll stick around for a year and then he'll become an advisor to the company and go start something else. So for Comparably, I think it was just, it was an attempt to take on Glassdoor, maybe, do it in a different way.


Joel (25m 17s):

It simply didn't work out. And I think that they found a buyer in ZoomInfo that made that work. Now let's go to ZoomInfo, the other piece of this commentary. So ZoomInfo, your member really started out as, almost a people search really early on. I can remember ZoomInfo where they would ask like send in business cards. And if you, if you put in people's info, you would get certain number of searches back. So there was sort of this crowd sourcing of data. So you you'd get a bunch of business cards put in their data and then you'd get a number of searches or credits or something. So anyway, they've evolved since then. They're a big company, publicly traded company and they have these three, three main segments that they targeted sales, marketing, and recruiting.


Joel (26m 5s):

Well, we talk a lot about the people search business and recruiting, becoming commoditized, right? We talk about Seek Out, Hiring Solved, Hire Easy, you know, all pivoting their businesses because it's becoming a commodity to search people online. So to me, if you were to argue why this works, it may be simply, Hey, look, if we can keep Comparably, separate, get employers to use that, maybe make it free, maybe make it like at least a loss leader, a lead funnel part of Zoom's business and say, Hey, you're using Comparably to build your brand, why not use ZoomInfo to source candidates and find people?


Joel (26m 47s):

So in that case it might work. Otherwise it feels a lot like putting a, you know, square peg in a round hole. It doesn't really make a lot of sense unless you think about, well, it could be a lead generator for the ZoomInfo recruiting business. So anyway, that's a long-winded way of saying like, this doesn't make a lot of sense. I think it was a startup that didn't quite make it, this story will be forgotten. I've already kind of forgotten about it, talking about it.


Chad (27m 17s):

I think Comparably will be forgotten in the next couple of years, it'll fade away and next thing you know, you're like, and I also think ZoomInfo. Won't go down the track of hiring and recruiting so it'll just kind of like disappear.


Joel (27m 34s):

Yeah. Okay. Well time will tell.


Chad (27m 35s):

That's where I'm at.


Joel (27m 37s):

Let's take a quick break and pay some bills and we'll do a little buy or sell. For sure.


Chad (27m 41s):

Love it.