Quikr has set its eyes on its eleventh target—Babajob. The blue-collar job marketplace’s soon-to-be-closed sale brings to an end Sean Blagsvedt’s decade-long struggle. One that started with the idea of creating a LinkedIn equivalent for blue-collared employees. And in return, all Babajob gets for that dream is Quikr’s stock.
The online classifieds’ logic for this acquisition is simple—get the largest competitor out of the way. That way, it can position QuikrJobs as the one with the largest platform in the online jobs marketplace business. But for Babajob, it is a less-than-desired exit forced by an ambition that got too bulky along the way.