HR Platform Deel Snatches $12B Valuation

The video discusses a company's journey from enabling global hiring to becoming a full-stack HR solution provider. It highlights the company's global expansion strategy, recent funding, and valuation achievements. Despite economic slowdowns, the company remains profitable and continues to grow by focusing on talent acquisition and efficient business practices. The discussion also covers market trends, such as cost-cutting and global hiring, and the company's plans to expand its workforce and services.

What was the initial purpose of the company discussed in the video?

• To provide local hiring solutions

• To enable global hiring

• To offer financial services

• To develop software products

Which region contributes over 50% of the company's business?

• Asia

• Europe

• United States

• Africa

What was the company's valuation announced in the video?

• $20 billion

• $15 billion

• $12 billion

• $10 billion

What is one of the trends affecting global hiring according to the video?

• Decrease in remote work

• Consolidation of HR infrastructure

• Focus on local talent only

• Increasing software costs

How does the company view geographical regions in terms of hiring?

• Regions are prioritized over talent

• Talent is prioritized over regions

• Only local talent is considered

• Regions are more important than time zones

What is the company's current hiring status?

• They are hiring selectively

• They are not hiring

• They are actively hiring

• They have paused all hiring

What financial milestone did the company achieve recently?

• Became debt-free

• Started being profitable

• Reached $1 billion in revenue

• Acquired a major competitor