Who doesn’t love a good underdog story?
In the startup community, we’re seeing a parade of underdog disruptors trying to change the way people work and live. And while as consumers we benefit from disruptive innovation and the resulting competition, we also love to see startups support one another.
I’ve studied and worked in recruitment technology for five years. It’s a crowded space, but one that’s ripe with innovation. There have been many giant acquisitions and funding plays — e.g. LinkedIn bought Bright.com and Connectifier, HireVue received $92 million, LinkedIn itself was acquired by Microsoft for $26 billion. The list goes on.
Most of the big plays are made for disruptive enterprise solutions. These companies and investors hope to become, or be acquired by, the next SAP, Salesforce or LinkedIn. But startup and independent (“free agent”) communities have also been touched by rapid innovation — making capabilities once reserved for large corporations now available to the little guys.