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All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

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Re: All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

#91

Post by robinjfisher »

lkbm wrote: post #89
robinjfisher wrote: post #73

As I'm in the industry, my thoughts on some of the recruitment-related companies: 10 BY 10 - I don't get it. Their website says they are a contingency search firm with a value prop of having resumes filtered by people with domain knowledge before submission to clients. Also that they deliberately hit a low acceptance rate on resumes because they try to submit a diverse field of candidates. If the goal is to get the h…

10 BY 10, going purely by your description, makes it sound to me along the lines of Malcolm Gladwell's pasta sauce realization[0]--if you want to find the perfect sauce for person X, you need to offer chunky, spicy, and "plain". None is inherently the best, so you offer three that are best in distinct ways. [0] https://www.ted.com/talks/malcolm_gladwell_on_spaghetti_sauc...

I'm not familiar with the video and will check it out when I'm at home.

If I was to say more on 10 BY 10 it's that I don't see the differentiator. Plenty of search firms are staffed by people with domain knowledge and the pre-screening of resumes by an expert or qualifying candidate interest prior to resume submission are not significant enough to differentiate in that space.

If I was to be cynical, I'd say that going through YC gives them access to a lot of prospective clients because I fail to see why any particular significant investment would be needed to start a search firm.

I see the TC article talks about a marketplace so perhaps there is a development down the line of what their solution looks like.

Re: All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

#92

Post by robinjfisher »

dagw wrote: post #90
robinjfisher wrote: post #73

As I'm in the industry, my thoughts on some of the recruitment-related companies: 10 BY 10 - I don't get it. Their website says they are a contingency search firm with a value prop of having resumes filtered by people with domain knowledge before submission to clients. Also that they deliberately hit a low acceptance rate on resumes because they try to submit a diverse field of candidates. If the goal is to get the h…

If the goal is to get the hiring manager the right person, then the best resumes should be submitted without imposing some arbitrary diversity requirement. I can see value in being offering 3 different 'types' of candidates instead of 3 different candidates of the same type, even if the latter 3 in theory have the strongest resumes.

I take the point but by their own admission, resume acceptance is at 50% when it could be at 80% so on that score they are failing to convince the client of the benefit of that diversity.

If I am a hiring manager and I am rejecting 1/2 resumes as opposed to 1/4, I'd question what the search firm is doing.

Re: All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

#93

Post by Lordarminius »

robinjfisher wrote: post #73

As I'm in the industry, my thoughts on some of the recruitment-related companies: 10 BY 10 - I don't get it. Their website says they are a contingency search firm with a value prop of having resumes filtered by people with domain knowledge before submission to clients. Also that they deliberately hit a low acceptance rate on resumes because they try to submit a diverse field of candidates. If the goal is to get the h…

70 Million Jobs featured Show HN recently. I recall an expert asking them to change the depressing picture on their website front page. Appears they did not take the advice. Such little things matter.

Re: All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

#94

Post by lithos »

hyperpallium wrote: post #65
elmar wrote: post #55

Earlier quoted context omitted.

a video of the plane taking off and flying would be a nice addon.

It's curious there's no video, since they're already crop-dusting. Even searching on the internet didn't turn up anything. BTW "piker" is slang for giving up, not the best startup connotation! (though mightn't be widespread)

Tons of engineering firms are really bad at names. My favorite was the big bold red letters of PMS (power management solutions).

Though they seem to have gone to blue now http://www.pmspower.com

Re: All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

#95

Post by Kluny »

frozenport wrote: post #34
bluker wrote: post #23

Relationship Hero is hilarious to me. We're going to solve the unpredictability of human relationships with a "light-weight" solution. Oh and we assume no responsibility for the advice given or the actions you take. Luckily no one reads the ToS and it's a huge market - everyone has relationship problems. So they'll make millions because most of the population isn't rational enough to understand that at a base-level t…

What we really need is a relationship advice app that treats the root causes of relationships problems: 1) Tells kids they should go to the gym instead of learning to code 2) Career change for optimal male to female ratio 3) Gets you fired so that you can spend more time with your family 4) Alarm when you've had too much/too little coffee Any app that doesn't address these issues is purely for entertainment value

Ha, an app that tracks your blood sugar and warns you not to interact with humans when it gets too low would be killer.

Re: All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

#97

Post by indescions_2017 »

On GameLynx:

Gamedev studio targeting mobile device platforms with an emphasis on hardcore, competitive league style play. Backed by "one of the largest game companies in the world."

Honor of Kings, Clash Royale, Vainglory, Hearthstone and Supercell's upcoming Brawl Stars create a crowded marketplace. Interested to hear what will differentiate GameLynx's game? How is it planning to innovate and compete? What is the strategy for capturing market share in China, India and the rest of Asia? What exactly is the "next gen" in mobile eSports?

Revenues that these games generate is astronomical. And at some of the highest margins possible. Supercell hit the $2B per year mark recently. And Tencent's profit last quarter was close to $3B.

Best of luck to the team and can't wait to play!

Re: All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

#99

Post by robinjfisher »

Lordarminius wrote: post #93
robinjfisher wrote: post #73

As I'm in the industry, my thoughts on some of the recruitment-related companies: 10 BY 10 - I don't get it. Their website says they are a contingency search firm with a value prop of having resumes filtered by people with domain knowledge before submission to clients. Also that they deliberately hit a low acceptance rate on resumes because they try to submit a diverse field of candidates. If the goal is to get the h…

70 Million Jobs featured Show HN recently. I recall an expert asking them to change the depressing picture on their website front page. Appears they did not take the advice. Such little things matter.

I've just skimmed a few pages of the site and frankly I'm amazed that they do not have 1) a video of an ex-offender talking about the the opportunity afforded by an employer using the service and 2) a video of the HR Director of Coca-Cola or AA or Facebook or...talking about how they found a great person through the service.

The recruitment of ex-offenders is such a story from both sides. Nobody really cares about the story of the top engineer getting a job at Google but there is a resonance with the story of the ex-offender who had looked for 6 months for a job and finally an employer took a chance on them using 70 million jobs etc...

Re: All 50 startups from Y Combinator’s Summer 2017 Demo Day 1

#100

Post by bpicolo »

icebraining wrote: post #25

They say Pyka already built a plane, so why do they only show renderings? Seems weird to waste that credibility advantage.

Probably because the renderings are more stylish than the prototype? Still, I also wanted to see the real plane on their site
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