Three Acquisitions and an Integration


Buy! Buy! Buy! The money just keeps flowing into the employment industry this holiday season, as - Talent Inc. - the folks behind ResumeRabbit, Top Resume, and others - has sold for a reported $100 million. Yowza! Plus...

- Did iCIMS really pay a reported $60 million for Altru?

- Phenom acquires who?

- Jobvite lands a LinkedIn power move

- Turing raises $32 million, and ZipRecruiter eyes a 2021 IPO.

Pandemic? What pandemic!?!?!


As always, this podcast is proudly powered by Jobvite, JobAdx, and Sovren.


PODCAST TRANSCRIPTION sponsored by:

Disability Solutions is your RPO partner for the disability community, from source to hire.


INTRO (2s):

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.


Chad (23s):

Sell, sell, sell...


Joel (25s):

Buy, Buy, Buy. Welcome to HR's most dangerous and jolliest podcast AKA the Chad and Cheese podcast. I'm your cohost Joel "shitter's full" Cheeseman.


Chad (37s):

And I'm Chad "kick that football" Sowash.


Joel (41s):

On this week's show $60 million for what? $100 million for what? Phenom acquires who? So many questions. Can two podcasters answer all of them? I guess we're about to find out.


SOVREN (56s):

You already know that Sovren makes the world's best resume CV parser, but did you know that Sovren also makes the world's best AI matching engine? Only Sovren's AI matching engine goes beyond the buzzwords. With Sovren you control how the engine thinks with every match the Sovren engine tells you what matched and exactly how each matching document was scored. And if you don't agree with the way it's scored the matches, you can simply move some sliders to tell it, to score the matches your way. No other engine on earth gives you that combination of insight and control. With Sovren, matching isn't some frustrating "black box, trust us, it's magic, one shot deal" 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:

That's always a nice way to start off the show.


Chad:

It is she's so calming. I love it. I love it much like Sarah Fuller.


Joel:

I know the Commodore's the first woman to score a point in a power five game in history. And that was pretty fucking awesome. I mean, you could tell she was hyped. I found out that she's paid the same as all the boys. So there is pay equality in college, college sports. So that's, that's nice.


Chad (2m 23s):

They're all getting screwed. That's for sure. Keeping with that, with that, that theme, I'm going to give a shout out to my Alma mater ball, state. Number one, they're playing for a Mac championship probably the day that this, this podcast drops.


Joel (2m 41s):

And if you, if you haven't seen it, it's the best ending of a game that no one will ever see, but their, their game on Saturday, the ending of it was so insane.


Chad (2m 52s):

It was crazy.


Joel (2m 53s):

For those of you who know, the California vs Stanford game from like the eighties, I think it's crazier than that. The only thing that doesn't work is I will, I won't ruin the ending, but go to YouTube search Ball State vs Western, Michigan, and watch the ending of that football game.


Chad (3m 7s):

Hint, lateral, lateral, lateral. So something else that's being lateraled is a Pfizer and Moderna vaccines. They're they're rolling out.


Joel (3m 19s):

Mike's my sister, my sister got her shot yesterday. That's nice. My sister manages a senior living group of facilities so she has been deemed an essential worker and she got, she got her shot is good. That's awesome. I'm so proud of her.


Chad (3m 35s):

Thoughts on how this plays out for the, the rest of the country. I mean, is this something that's going to be mandated by employers?


Joel (3m 44s):

For big time employers that don't want to get sued? Yeah. For smaller companies that just need bodies to do stuff, maybe not, but the, the big ones certainly will. And no one, no one wants to walk into a Walmart. If all the employees are all, you know, dangerous, right.


Chad (4m 3s):

Nobody wants to get on a plane. I mean, nobody wants, you know, and nobody wants to walk into the office. But I mean, I mean, there are still, and I understand there are still reasons for people to be hesitant for. This is the first RNA vaccine. It's the fastest vaccine produced ever. And so there are those people who have legitimate concerns, and then you have group number two people who didn't even wear a damn mask. You have two separate groups who will possibly be slow to take the vaccine. And the first group might be nudged into the second more radical group, if you know, if they're forced into doing so.


Chad (4m 44s):

So I think it's really important that, you know, we do this smart, we do it with education. Definitely the leaders have to get their shots, but it's going to be, it's going to be interesting because this will be something that's mandated and masks were even mandated throughout the nation, but yet we had such an upheaval of people who were pissed off because they had to put a mask on. I mean, do you talk about fucking sensitive people?


Joel (5m 13s):

I say the government needs to give out a hundred dollar bills for people that get the vaccine. If they really want people to get the vaccine. Going back to my, my family for a second, my father this month, this coming Sunday will turn 81 years, young man, happy birthday. So we wanted to get him a little something, you know, interesting.


Chad (5m 36s):

Yeah.


Joel (5m 37s):

You know, he has everything, he's trying to get rid of shit. So we didn't want to send anything. So we went to, we went, we went to Cameo and funny story. I called my sister and I said, do you know what Cameo is? And she goes, you mean the band from the eighties, that sang Word Up!? and I said, no, not that Cameo, but you are correct. So dad played baseball, his whole life, little league world series champion, little known fact about my father, Pete Rose is one of his heroes. So Pete Rose is on Cameo. He's available for $159. We thought my dad would probably cry. Love it. Pete is not in the greatest shape.


Joel (6m 17s):

And he may or may not do your Cameo sober, but shout out to my father for his birthday. And I bring up Cameo in part, because it's interesting. But in part, because Facebook, apparently in the news today is looking to copy Cameo. Could you imagine that. Facebook copying a successful business? So anyway, and my wife's university where she teaches they Cameoed Snoop Dog to give, to give a shout out to all the students for finals week, which is a great use of, of, of tuition funds. But that's a, that's a different podcast.


Chad (6m 54s):

Awesome. Well, somebody who is doing a video right or wrong, depending on, on how you're looking at it is a, the boys over at Carrue. So they did, they did very, remember we talked about the very tantric karma recruit, tra video that, that kind of set some people off. They weren't very happy about it. So they, then published an apology, really not an apology video, which was fun.


Joel (7m 24s):