Funding and Founders Foolery

Rec Tech: the Recruiting Technology Podcast · Jun 30, 2023 · 6m

Accord to a story on calcallisttech.com Israeli startup Joonko, which has developed an automated sourcing platform focused solely on underrepresented candidates, is on the verge of a closure. An investigation conducted by the company's board of directors and investors revealed that the number of its real customers differed significantly from the number reported by its managers to the investors. In those reports, the company stated that it has 150 customers, when in practice the number was significantly smaller…