But the influx of new funding can’t resolve a fundamental challenge facing high-growth companies nationwide, from start-ups through Fortune 500 companies—attracting and retaining talent to fill the key positions, which ultimately drives enterprise growth. In fact, staffing may be one of the most limiting factors in a unicorn’s ultimate success if not properly addressed.
Talent once forced to cluster around high-cost-of-living cities like San Francisco and New York have seen that they can maintain a much higher standard of living in smaller cities while fulfilling their work obligations and pursuing career goals. Workers who once accepted the strain of long commutes have seen the value in regaining that time and being untethered from a physical office.
Hunt Club has a big opportunity to contribute to Chicago’s reputation with its latest round of funding. The company’s CEO and co-founder, Nick Cromydas, explains, “We’ve entered a business environment where raising tens of millions of dollars is easier than hiring your next executive. With the proliferation of capital, people need to hire more [often] to scale, and without a talent partner that understands how to win in this environment, you’re going to fail.
All of that enables Hunt Club’s customers to land quality talent quickly—according to Cromydas, on average 40% faster than traditional executive search firms. Eighty percent of their searches tend to identify the new hire within their first five conversations, which means their customers can spend less time interviewing and more time building their businesses with the right hires.
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