Ask HN: What you think of this recruiting startup idea?

1 point

10 years ago

Problem: It's very hard to find technical talent and most solutions are very expensive (hiring agency recruiter) or issues of scale (eg. hiring a recruiting workforce)

Solution: Sourcing as a solution. Creating a platform that creates target lists for positions and conducts outreach on behalf of your company (eventually AI to replace the agency recruiter)

Market: Global Staffing is $416 billion business.

Competitors: Ultimately, agency recruiters are going to disappear. No matter what industry, middlemen are replaced by the internet. Our current competitors would be hired.com, wayup, and whitetruffle. They are taking a marketplace approach to the solution of staffing which I think is very difficult and misaligns incentives. The companies that are taking our approach are recruitloop.com and http://wadeandwendy.ai/ (this is great idea and our ultimate solutions borrows from this concept)

Go-to Market strategy: Connections I've built recruiting and running newsletter. Content strategy and Drip campaign.

Business Model: We will only offer sourcing in the beginning and it will cost $250 to get 100 candidates with information and contact info on an excel spreadsheet (MVP)

Team: I'm currently a technical recruiter at an agency and my two friends are developers.

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