1-Page
1-Page was a company that developed and marketed software products for human resources departments to support them in sourcing and qualifying job candidates, as well as in engaging their current workforce. 1-Page Limited is the first Silicon Valley company to list on the Australian Securities Exchange. San Francisco–based, 1-Page was founded in 2011, and received its first venture capital funding in 2012. Before going public on the ASX in October 2014, the company had raised USD 3 million in venture capital funds.
Since the public offering, the company lost more than 96% of its value, slipping to less than 20¢ AUD per share. The Motley Fool described the crash as "what happens when companies spend heavily and can't generate sales."
History
In 2002, Patrick G. Riley published The One-Page Proposal which described how the founder succeeded in helping businesses around the world using one-page proposals. In 2011, Patrick G. Riley and Joanna Weidenmiller co-founded 1-Page based on the approach and founding principles of the book.Between 2012 and 2013 the company raised $3 million from Silicon Valley–based venture capital funds led by Blumberg Capital as well as Angel investors. In April 2014 the company completed a successful reverse take-over of ASX-listed Intermet Resources, which led to the public listing of 1-Page on the ASX on 15 October. During the IPO roadshow 1-Page raised $8.5M. The company’s shares surged 70 per cent on its first day of trade as investors flocked to the first US tech start-up to list on the ASX. It was delisted from the ASX in September 2018.
Products
1-Page’s first launched product was an enterprise assessment platform that enables companies to engage candidates on real-time business challenges to assess their skills.Other 1-Page products are:1-Page Source, a talent sourcing tool that leverages the 820 million profiles of BranchOut alongside other open web data to automate talent list building and verification for recruiters. 1-Page Innovation, a platform that enables companies to source ideas from within the organization.