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Deal Dive: Why this startup chose to sell itself over raising a Series A



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Heroes Jobs was recently acquired after realizing its company was better off not alone

Rebecca Szkutak

8 hours

Not all startups are built for a billion-dollar exit — or to grow as a stand-alone company at all.
The appearance of easy-flowing subsequent funding likely led to the intense funding swell of the few years leading up to 2022. This is not to say all these companies are bad by any means! Many of them have customers, which proves that they’re building something people want; some businesses likely even have meaningful revenue.
On the other hand, some of them will realize that without an abundance of venture funding, their business model won’t be successful on its own, and they will have to come up with a new plan. Heroes Jobs was one of them.
The San Francisco-based startup launched in 2018 to create a LinkedIn for Gen Z: a more informal way for companies and potential employees to connect using video and making a platform that r …

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