Almost two years ago we decided to stop sharing our investor updates and learnings. And some of you have told us that you missed those updates. We also learned others found inspiration in our tribulations and decided to jump into the fascinating world of talent marketplaces and staff augmentation.
Most of our content was being “virally” consumed by our competitors, and our silence was driven by the very rational decision that the journey was hard already, and we didn't need to make it harder by inviting others to compete or learn from our mistakes.
We also decided to focus on “surviving” in an industry that has been on a sustained nuclear winter for the good part of the last 2 years. We had to sharpen our pencils, lean in, and make as much lemonade from the lemons we were served.
A lot has happened
In the next few posts, we will be sharing the journey (albeit with a delay) of what has happened in the last 21 months. When we left you our team was 25 people strong, were doing about $13M in GMV, and had 169 developers working for our customers. Since then, here's a list of things we've done:
We have almost doubled GMV and the number of developers working for our customers.
We have launched a fully digital, home grown, end-to-end marketplace platform.
We have licensed our technology to identify quality software developers to Poolside AI, an AI startup co-founded by the former CTO of Github that recently raised $400M.
Our team has maintained its size.
And have been incubating some ideas that we believe can disrupt the nearshore/staff augmentation industry from the ground up.
But more about those in upcoming updates. For now, just a short PSA to let you know we are back with a roar and we will be publishing more soon.