Tricks for Monster.com, Treats for Handshake

Tricks for Monster.com, Treats for Handshake

Tricks for Monster.com, Treats for Handshake

 
 
00:00 / 3:10
 
1X
 

Happy Halloween, it’s The Shred for October 31, 2018, brought to you by Judge.com. Guys, blockchain is all the rage right now. And if you’re like most of us, the whole thing is confusing, right? Don’t worry. Chad and I have been working with Judge to give you the foremost insight into what blockchain is and what it means to recruiting. And we’ve made it easy for you. Just go to bitly.com/judgeblockchain to download this free resource. That’s bitly.com/judgeblockchain. Or you can hit up chadcheese.com today. Let’s go to the news: It’s a true trick or treat Shred. Handshake grabbed a whole lotta goodies! The platform that helps college students and employers connect raised a jawdropping $40 million in Series C this week, bringing its grand total to $74 million, along with a $275 million post-money valuation. If you’re not familiar with Handshake, you need to get with the program. Over 700 universities and 300,000 companies are already using Handshake’s software. In other news, the rocks continue to be tossed into Monster.com’s trick-or-treat bag, Charlie Brown-style. Revenue continued to drop in Q3, down 15 percent versus 16 percent in the second quarter. So, the pace at which the company is losing is improving, so there’s that. But the big comeback may be stalling. Still optimistic and focused on innovation, Monster CEO Scott Gutz says, “We expect to see KPIs and outcomes for customers and candidates that will correlate to global sales and revenue growth. We are committed to accelerating our progress towards sustainable, profitable growth across Monster and look forward to continuing to introduce new solutions and services — like Monster Studios and Monster Talent Consulting — that meet the unique challenges that face customers and candidates alike in this new world of recruiting.” I don’t know, mobile video, like the feature they launched with Monster Studios, feels a lot like they’re bringing a knife to a gun fight. Ouch! Be sure to tune into the weekly show for deeper opinion on news you hear on The Shred. Once again, thanks to our sponsor Judge.com. Wondering how blockchain impacts recruitment, head on over to bitly.com/judgeblockchain (no upper case letters, one word) or visit ChadCheese.com and click the Judge logo. Cheesman out.