This episode kicks off our early stage series, a group of episodes that highlights younger companies to examine the issues and challenges these businesses uniquely face. Mike Fitzsimmons is the Co-founder and CEO of Crosschq, a SaaS company that has pioneered a new category for talent acquisition called “Human intelligence hiring.” Seeing as 40% of hires don’t make it through a year in their new job, Crosschq is solving a critical mis-hire problem by helping companies’ better source, match, and retain the best talent. In this episode, Mike discusses the importance of building a great product, the challenges of creating a brand new category, how to acquire early customers, and what to consider when fundraising.
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GGV Capital is a global venture capital firm that invests in local founders. As a multi-stage, sector-focused firm, GGV focuses on seed-to-growth stage investments across Social / Internet, Enterprise Tech and Smart Tech sectors. The firm was founded in 2000 and manages $6.2 billion in capital across 13 funds. Past and present portfolio companies include Affirm, Airbnb, Alibaba, Bitsight, ByteDance, Ctrip, Didi Chuxing, Grab, Gladly, Hello Chuxing, HashiCorp, Houzz, Keep, LAIX, Namely, Niu, Nozomi Networks, Opendoor, Peloton, Poshmark, Slack, Square, StockX, Tala, Wish, Workboard, Xauto, Xiaohongshu, YY, Zhaoyou and more.