When pandemic demand-led Pattern Brands, an NYC-based e-commerce retailer of items for the home, to double its team and hire 27 full-time employees in the past six months, co-founder Suze Dowling opted to speed up the process with an applicant tracking system (ATS). And why not? Ninety-nine percent of Fortune 500 companies have adopted such a system, the benefits of which include automating tasks such as follow-up emails, uploading résumés, and updating career pages with available roles. And a combination of software from HR tech companies Greenhouse and Lever can typically get the job done for around $150 to $300 per person hired. “It’s been vital to helping us scale with a pretty lean team,” Dowling says. Still, it’s not quite as easy as pushing a button and waiting for the perfect hire to walk in the door. These tips will help you make the most of automated hiring.
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A Bankable Pet Project - How Moonshots Capital helped eTailPet scale up and attract a buyer in just three years.
Berenice Giannini's startup, eTailPet, wasn't a natural fit for Moonshots Capital. The Austin-based venture firm, launched in 2014 by Kelly Perdew and Craig Cummings, both of whom had previously served in the U.S. Army, frequently backs companies founded by military veterans.
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Three years ago, U.S. entrepreneurs were enjoying one of the best funding environments in decades. Venture capital and private equity hit all-time highs as banks loaned at historically low interest rates. All you needed to get a term sheet, it seemed, was a smile and a pitch deck.
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A Scientific Discovery that Unlocks Your Body's Healing Power
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