Tech unicorn Employment Hero builds app to ‘beat Seek’
The founder of one of Australia’s most heavily backed technology firms, Employment Hero, says it will ignore the broader start-up sector’s cost-cutting drive, having invested in building a new consumer app he claims will disrupt former recruitment ad industry disruptors like Seek.
Ben Thompson told The Australian Financial Review he was confident he could return to the private markets for capital to rev up international growth plans, at a higher valuation, despite a pullback in VC funding that has led to other tech firms laying off staff, seeking out mergers or closing down.
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