Proactive Investors - Twitter Inc (NYSE:TWTR)’s parent company X Corp, which was established in 2023 by Elon Musk to facilitate the social media platform’s takeover, has made its first acquisition by way of tech recruiting service Laskie.
Speaking with Axios, anonymous sources said the recently closed deal was made with both equity and cash.
According to Laskie’s now-closed website, the company raised US$6mln in December 2021 from Bloomberg, Peak State Ventures, AndelList Venture and other venture capital firms.
“Laskie is a hiring platform that treats job search like a matchmaking problem. We collect rich data about the talent and jobs on our platform to make more precise matches than what is possible with today’s standards: resumes and job descriptions,” the website, which can be accessed via the Wayback Machine, stated.
Laskie co-founder Daniel O'Shea has experience in the online recruitment sector, previously working as the director of engineering at Indeed.com.
Co-founder Chris Bakke also worked at Indeed.com.
They both founded Interviewed, which was acquired by Indeed.com in 2017.
Neither Musk nor Twitter has mentioned how Laskie will feed into Musk’s plan to turn the social media platform into an “everything app”, but the acquisition marks the first major addition to the platform following a large-scale restructuring that saw up to three quarters of its workforce be made redundant.