[mikebonnell]

Would you trust Employer when their "About" page looks like this? https://www.employer.com/about

"Our Story There are many variations of passages of available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don't look even..."

[aimazon]

Employer.com is a new "brand" from long-established Recruiter.com. My guess is that Recruiter.com planned to launch Employer.com in the near-term, and they saw the Bench.co shutdown as the perfect opportunity so they've sped up their plans and "launched" employer.com.

edit: after reading Recruiter.com's investor filings (as they're a public company) the acquisition of Bench is going to kill them. The founder has gone hog wild on acquisitions despite having barely enough income to support them. It's a tale as old as time: a medium successful company goes public and starts issuing shares to fund acquisitions at a rate far outpacing the business growth and suddenly, one day, the music stops and everything comes crashing down.

[nameless_me]

The process you describe above is highly vulnerable as Ponzi scheme. The goal would be to raise total revenues, to paint a certain financial picture to meet targets for cashing out before the high debt load and interest payments sink the ship.

As soon as there is insufficient cashflow for several consecutive periods, the whole thing comes crashing down. This is a strategy for cashing out, rather than building a long term sustainable book of companies for steady, organic growth which has the cash to payout dividends and reward loyal investors.

[scarface_74]

> The process you describe above is highly vulnerable as Ponzi scheme. The goal would be to raise total revenues, to paint a certain financial picture to meet targets for cashing out before the high debt load and interest payments sink the ship.

You have just described almost every modern VC backed company….

[shesprtytechncl]

I am not doubting you, but where did you hear this abut recruiter.com?

[lbotos]

there is a link on the page that links to "bountyjobs.com" -- which says on that page "a recruiter.com company"

[xeromal]

The article of this post

[jsheard]

They've secured investments from Logoipsum, Logoipsum, Logoipsum and Logoipsum so they must be legit.

[cmac123]

Ha!

[divbzero]

An hour after the parent post, the about page https://www.employer.com/about now redirects to the home page https://www.employer.com/ — must have been an error that the webmaster has corrected.

[sjsdaiuasgdia]

I searched the phrase "What's the mission behind Strivo?" because that felt like a rather specific question in the middle of a bunch of placeholder text. This template came up in the results, and it's a lol to see how little was changed from the template...including some of the photos

https://strivo.framer.website/about

[johnbatch]

They also left https://www.employer.com/terms showing the license for the template they bought.

"By accessing and placing an order with UXTheme, you confirm that you are in agreement with and bound by the terms and conditions contained in the Terms Of Use outlined below. "

[ezekg]

According to the founder, he just bought the domain a month ago: https://x.com/JesseTinsley/status/1861243509006848065

Probably not finished but acquired Bench anyways.

[jsheard]

Amazing how this company that barely existed 5 minutes ago is already trusted by Google, Chipotle, Robinhood, HubSpot, X, Chime and Anthropic per their landing page. I wonder if that's also news to those companies.

[BoredPositron]

Someone visited the website from their IP ranges how much more trust do you want?

[ksec]

In the world of crazy valuation ~$450k for that domain seems pretty good deal.

[admissionsguy]

Sounds like they are not afraid to use AI already, which will give them an unbeatable edge when the LLMs improve.

Source: YC investment thesis

[lbotos]

As well as:

What’s the mission behind Strivo?

If you are going to use a passage of text, you need to be sure there isn't anything. There are many variations of passages of available, but the majority have suffered alteration in some form, by injected humour, or randomised words.

[duxup]

Is that a form of lorem ipsum or ... what even is that?

[stronglikedan]

looks like they "fixed" it by removing all content save for the title

[lowercased]

Screenshot would have been nice ;)

[shesprtytechncl]

Yeahhhh I wonder if this is a new shell company spun up to either take on the old one as a way to restructure financially and get rid of some debt (I have no idea how this would work) or to give them enough time to wind down. Or something else? Who knows but definitely weird.