Programmer Hunter
Interviews in the last 24h : 10
Total interviews to date : 73
A platform that matches programmers with
startups using a programmer ranking system
Tingting Lin
Shruti Kulkarni
Po-Lin Chen
Xin Huang
Xuedong Wang
MS&E
CS
MS&E
MS&E
MS&E
Jan 15, 2016
Lean Launchpad
Columbia University
2
What We Thought
Step 1: Online survey
Q3: How well is your job search going?
Total # programmers: 102
Step 2: Initial interviews
Total # startups: 6
Q: Are you satisfied with the programmers you hired?
A: It’s extremely hard to find a suitable programmer.
To build a recommendation platform offering the best match between programmers
and startups based on data from website such as Github.
Step 3: Original idea
Market	Sizing
Business Canvas Day 1
Key Partners Key Activities
Key Resources
Value Propositions Customer Relationships Customer Segments
Channels
Cost Structure Revenue Streams
Programmer Hunter - Day 1
1. Hiring companies
2. Student affairs offices
3. Cloud service providers
4. Student organizations
1. Offering companies
well-qualified relevant
prospective employees
based on their actual work
2.Offering programmers
an easier and smarter way
to be discovered by
companies and to find
companies
3. Save time and effort in
the job hunting and hiring
process
1. Customer acquisition
and retention
2. Data collection and
analysis
3. Customer service
4. Platform development
and maintenance
Get: Invitation, reference,
marketing,
Keep: Good customer
service, online help portal,
loyalty program for hiring
companies, blog, email
newsletter, recommendation
Grow: Word of mouth,
reference, outreach
1. Prospective job hunters
‘ data source from public
profiles
2. User behavior and
preference data
3. Hiring companies’
profiles and targets
Website
Service fees Premium services
Sponsored content Advertising
Platform development and maintenance
Human resources
Marketing
Operations
ce
Hiring Side :
Startups (valuation
less than $10M)
Job Hunter Side :
Graduating students,
unemployed, career
changers and other
prospective job
hunters,
Day 1 to 2
Original Thought Learned
Market:	Compe--ve	market	is	pre1y	
saturated.	It	will	be	possible	but	
difficult	to	find	a	niche	to	fill.
Value	Prop:	Our	differen-a-on	is	clear.
Customer	Segment:	We	are	targe-ng,	
and	taking	money	from	job	seeker	and	
employer	sides,	directly	or	indirectly.
Revenue:	People	aren’t	willing	to	pay	
for	a	subscrip-on.	Need	other	
avenues	for	collec-ng	revenue.
There	are	mul-ple	small	niches	to	fill.	
Pick	one	that	works	well.
There	are	mul-ple	small	niches	to	fill.	
Pick	one	that	works	well.
Targe-ng	employers	specifically	is	a	
be1er	idea.	Keep	service	free	for	job	
seekers.	Subscrip-on	fees	are	paid.
Startups	are	willing	to	pay	for	a	
subscrip-on	fee	monthly/annually.	
They	already	do	for	other	non-HR	
services.
Business Canvas Day 2
Key Partners Key Activities
Key Resources
Value Propositions Customer Relationships Customer Segments
Channels
Cost Structure Revenue Streams
Programmer Hunter - Day 2
1. Hiring companies
2. Student affairs offices
3. Cloud service providers
4. Student organizations
1. Offering companies
well-qualified relevant
prospective employees
based on their actual work
2.Offering programmers
an easier and smarter way
to be discovered by
companies and to find
companies
3. Save time and effort in
the job hunting and hiring
process
1. Customer acquisition
and retention
2. Data collection and
analysis
3. Customer service
4. Platform development
and maintenance
Get: Invitation, reference,
marketing,
Keep: Good customer
service, online help portal,
loyalty program for hiring
companies, blog, email
newsletter, recommendation
Grow: Word of mouth,
reference, outreach
1. Prospective job
hunters’ data source from
public profiles
2. User behavior and
preference data
3. Hiring companies’
profiles and targets
Website
Service fee Premium services
Sponsored content Advertising
Platform development and maintenance
Human resources
Marketing
Operations
ce
Hiring Side :
Startups (Valuation less
than $10M)
Job Hunter Side :
Graduating students,
unemployed, career
changers and other
prospective job hunters,
Optimizing the resume
selection process and
pre-selecting
prospective and
targeted candidates
Searching potential
employees for startups
Providing concrete
evaluation of the
coders’ competence
based on their actual
work
Subscription fee : $30/month
Hiring Side : Startups
1. With limited budget
to hire HR
2.Trying to expand and
need more eligble
programmers to realize
existing ideas
Job Hunter Side :
1.Fresh graduates and
graduating engineering
students interested in
coding who are actively
looking for a job, and
open to various
opportunities and
challenges
2. Experienced but
aged-discriminated
professionals, who
have been laid off and
hope to power their
technical skills to
recruiters
Day 2 to 3
Value	Prop:	People	use	websites	like	
GitHub	to	evaluate	code	quality.
Original Thought
End	User:	We	are	targe-ng	a	variety	of	
unemployed/career	switching	users.
Learned
People	use	websites	like	GitHub	to	
evaluate	ac-veness	in	programming.
People	use	audi-on	projects	to	verify	
code	quality.	But	these	don’t	capture	
management	style	or	cultural	fit.
Focus	on	the	young	professional	
space.	They	are	most	a1rac-ve	to,	
and	most	inclined	to	choose,	working	
for	startups.
Business Canvas Day 3
Key Partners Key Activities
Key Resources
Value Propositions Customer Relationships Customer Segments
Channels
Cost Structure Revenue Streams
Programmer Hunter - Day 3
1. Hiring companies
2. Student affairs offices
3. Cloud service providers
4. Student organizations
1. Offering companies
well-qualified relevant
prospective employees
based on their actual work
2.Offering programmers
an easier and smarter way
to be discovered by
companies and to find
companies
3.. Save time and effort in
the job hunting and hiring
process
1. Customer acquisition
and retention
2. Data collection and
analysis
3. Customer service
4. Platform development
and maintenance
Get: Invitation, reference,
marketing, coding challenge
Keep: Good customer
service, online help portal,
loyalty program for hiring
companies, blog, email
newsletter, recommendation
Grow: Word of mouth,
reference, outreach
networking events
1. Prospective job hunters
‘ data source from public
profiles
2. User behavior and
preference data
3. Hiring Companies
profiles and target
4.Personalized audition
projects
Website
Service fee Premium services
Sponsored content Advertising
Platform development and maintenance
Human resources
Marketing
Operations
Hiring side: startups
1. With limited budget
to hire an HR
2. Trying to expand
and needing more
eligible programmers
to bring to life ideas
3. With limited time
Job hunter side:
Fresh graduates,
graduating students &
young professionals
interested in coding
who are actively
looking for a job, and
open to various
opportunities and
challenges of startups
Subscription fee: $30/month
Hiring Side : Startups
1. Networking
events
2. Job fair events
Job Hunter side :
1. Career services at
universities
2. Networking events
3. Social media
5.Personalized auction
projects for startups
4. Offering coders a fair
chance to prove their
advantageous
competence
5.Offering startups a
more comprehensive
evalution of applicants,
especially according to
their specefic needs
and requirements
Day 3 to 4
Value	Prop:	An	integrated	audi-on	
project	plaXorm	could	help	to	
evaluate	code	quality	and	other	
factors.
Original Thought
Value	Prop:	People	can	look	at	GitHub	
and	other	websites	on	their	own	
separately	and	use	our	plaXorm/
service	to	look	for	other	quali-es	in	
applicants.
Marke-ng/GET	Strategy:	There	are	a	
variety	of	outreach	channels/poten-al	
channel	partners	that	all	work	well.
Maybe	they	could,	but	many	
recruiters	(especially	at	startups)	don’t	
have	-me,	and	non-technical	hirers	
can’t	use	them.
Some	do,	but	many	don’t	have	-me	
for	that.	They’d	love	a	quick	way	to	be	
shown	the	key	things	they	look	for	
from	these	websites,	such	as	ac-vity.
Some	clearly	work	be1er	than	others,	
and	are	favored	by	those	who	look	
for/use	hiring	services.	Focus	on	
partnerships	with	career	services,	
trusted	advisers	with	Internet	
influence,	posi-oning	ourselves	as	
experts,	and	social	media.
Learned
Business Canvas Day 4
Key Partners Key Activities
Key Resources
Value Propositions Customer Relationships Customer Segments
Channels
Cost Structure Revenue Streams
Programmer Hunter - Day 4
5. Marketing
1. Hiring companies
2. Student affairs offices
3. Cloud service providers
4. Student organizations
1. Offering companies
well-qualified relevant
prospective employees
based on their actual work
2. Save time and effort in
the job hunting and hiring
process
3. Offering coders a fair
chance to prove their
advantageous
competence
4. Offering startups a more
comprehensive
evaluation of applicants,
especially according to
their specific needs and
requirements
1. Customer acquisition
and retention
2. Data collection and
analysis
3. Customer service
4. Platform development
and maintenance
Get: Invitation, reference,
marketing, coding challenge
Keep: Good customer
service, online help portal,
loyalty program for hiring
companies, blog, email
newsletter, recommendation
Grow: Word of mouth,
reference, outreach
networking events
1. Prospective job hunters
‘ data source from public
profiles
2. User behavior and
preference data
3. Hiring companies’
profiles and targets
4.Personalized audition
projects
Website
5. Shortlisting
candidates with
numeric ranking
based on their
previous work
Service fee Premium Services
Sponsored content Advertising
Platform development and maintenance
Human resources
Marketing
Operations
Hiring side: startups
1. With limited budget
to hire an HR
2. Trying to expand
and needing more
eligible programmers
to realize ideas
3. With limited time
Job hunter side:
Fresh graduates,
graduating students &
young professionals
interested in coding
who are actively
looking for a job, and
open to various
opportunities and
challenges of startups
Subscription fee: $30/month
Hiring Side : Startups
1. Networking/job
fair events
2. Trusted sources
Job Hunter side :
1. Career services at
universities
2. Networking events
3. Social media
4. Trusted sources
Day 4 to 5
Original Thought Learned
Market:	Compe-tors	are	problema-c.
Marke-ng:	Networking	services	are	
great	for	outreach.
Marke-ng/Revenue:	Lower	price	
point	will	always	be	more	a1rac-ve.	
Compe-tors	are	poten-al	partners.	
Some	might	be	willing	to	work	with	
us.
Networking	events	aren’t	so	effec-ve,	
but	university	and	community	career	
services	might	work	well.	Some	may	
be	willing	to	work	with	us	directly	and	
that	can	help	to	promote	our	service.
People	are	willing	to	pay	more	for	a	
service	if	shown	why/how	it’s	
beneficial	and	if	they	feel	it’s	higher	
quality.	Marke-ng	well	is	important.
Business Canvas Day 5
Key Partners Key Activities
Key Resources
Value Propositions Customer Relationships Customer Segments
Channels
Cost Structure Revenue Streams
Programmer Hunter - Day 5
1. Hiring companies
2. Student affairs office
3. Cloud service providers
4. Student organizations
1. Offering companies
well-qualified relevant
prospective employees
based on their actual work
2. Save time and effort in
the job hunting and hiring
process
3. Offering coders a fair
chance to prove their
advantageous
competence
4. Offering startups a more
comprehensive
evaluation of applicants,
especially according to
their specific needs and
requirements
1. Customer acquisition
and retention
2. Data collection and
analysis
3. Customer service
4. Platform development
and maintenance
Get: Invitation, reference,
marketing, coding challenge
Keep: Good customer
service, online help portal,
loyalty program for hiring
companies, blog, email
newsletter, recommendation
Grow: Word of mouth,
reference, outreach
networking events
1. Prospective job hunters
‘ data source from public
profiles
2. User behavior and
preference data
3. Hiring companies’
profiles and targets
4.Personalized audition
projects
Website
5. Shortlisting
candidates with
numeric ranking
based on their
previous performance
Service fee Premium services
Sponsored content Advertising
Platform development and maintenance
Human resources
Marketing
Operations
Hiring side: startups
1. With limited budget
to hire an HR
2. Trying to expand
and needing more
eligible programmers
to realize ideas
3. With limited time
4. Preferably to use
less obscure/less
hard to learn
technologies
Job hunter side:
Fresh graduates,
graduating students &
young professionals
interested in coding
who are actively
looking for a job, and
open to various
opportunities and
challenges of startups
Subscription fee: $30/month
Hiring Side : Startups
1. Networking/job
fair events
2. Trusted sources
Job Hunter side :
1. Career services
2. Networking events
3. Social media
4. Trusted sources
5. Career services
at universities and
job help centers
5.Marketing
First month free trial
What We Learned: Summary
What we thought What we learned Results
Market
Compe--ve	market	is	pre1y	
saturated.	It	will	be	possible	but	
difficult	to	find	a	niche	to	fill.
There	are	mul-ple	small	niches	to	
fill.	Pick	one	that	works	well.
Core	service:	providing	a	
programmer	rank	to	help	find	the	
best	programmers.	Algorithm	
based	on	public	data	from	websites	
such	as	GitHub	using	factors	that	
people	actually	look	for	(such	as	
ac-vity).	Focused,	saves	-me.
Value	Prop Our	differen-a-on	is	clear.
Need	to	clearly	ar-culate,	focus,	
and	highlight	what	unique	feature	
customers	are	looking	for.	
amul-ple	small	niches	to	fill.	Pick	
one	that	works	well.
Customer	Segment
We	are	targe-ng,	and	taking	
money	from	job	seeker	and	
employer	sides,	directly	or	
indirectly.
Targe-ng	employers	specifically	is	a	
be1er	idea.	Keep	service	free	for	
job	seekers.	Subscrip-on	fees	are	
paid.
Revenue
People	aren’t	willing	to	pay	for	a	
subscrip-on.	Need	other	avenues	
for	collec-ng	revenue.
Startups	are	willing	to	pay	for	a	
subscrip-on	fee	monthly/annually.	
They	already	do	for	other	non-HR	
services.
13
5%
31%
64%
No
Yes
Maybe
14
Subscription fee: $30/month
Total # startups interviewed: 39
Get Strategy: Willingness to pay
Willingness to pay: startups
1. First year:
- Estimated conversion rate: 64%
- Subscription fee: $30/month
- First month free
2. In 5 years:
- Estimated conversion rate: 75%
- Estimated churn rate: 5%
- Subscription fee: $30/month
(further tests are required)
Back of the envelope calculation:
4%
18%
77%
No
Yes
Maybe
15
# interviewed: 34
# surveyed: 102
Total # programmers: 136
Get Strategy: Willingness to use
Willingness to use: programmers
1. First year:
- Estimated conversion rate: 77%
2. In 5 years:
- Estimated conversion rate: 90%
- Estimated churn rate: 3%
(further tests are required)
Back of the envelope calculation:
Get Strategy:
Programmers
Startups
16
Channel partners
#startups #coders churn rate revenue cost
1 year 640 30,000 5% $200,640 $150,000
5 years 30,000 1,000,000 5% $10,260,000 $2,000,000
Channels and Revenue Model
17
Algorithms
Numeric rankings of
programmers
Keyword
Search
Subscription fee
$30/month
Programmers
Startups
Data from
professional websites
Profiles
Programmer Hunter Competitor Analysis
18
Recruiters
Technology
Big data
Career services
Social media
What We’re Going To Do Next
Step 1. Price points and matching
Step 2. Further testing of unexplored areas
Step 3. Strengthen key partners relationships
Step 4. Refine and launch final products
19
Appendix
We bring the best developers to you
The best ranking system for pro grammars
Subscribe for only $30/month
21
We bring the best developers to you
The best ranking system for pro grammars
Subscribe for only $15/month
22
We bring the best developers to you
The best ranking system for pro grammars
Subscribe for only $10/month
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25
26
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Programmer Hunter Columbia

  • 1.
    Programmer Hunter Interviews inthe last 24h : 10 Total interviews to date : 73 A platform that matches programmers with startups using a programmer ranking system Tingting Lin Shruti Kulkarni Po-Lin Chen Xin Huang Xuedong Wang MS&E CS MS&E MS&E MS&E Jan 15, 2016 Lean Launchpad Columbia University
  • 2.
    2 What We Thought Step1: Online survey Q3: How well is your job search going? Total # programmers: 102 Step 2: Initial interviews Total # startups: 6 Q: Are you satisfied with the programmers you hired? A: It’s extremely hard to find a suitable programmer. To build a recommendation platform offering the best match between programmers and startups based on data from website such as Github. Step 3: Original idea
  • 3.
  • 4.
    Business Canvas Day1 Key Partners Key Activities Key Resources Value Propositions Customer Relationships Customer Segments Channels Cost Structure Revenue Streams Programmer Hunter - Day 1 1. Hiring companies 2. Student affairs offices 3. Cloud service providers 4. Student organizations 1. Offering companies well-qualified relevant prospective employees based on their actual work 2.Offering programmers an easier and smarter way to be discovered by companies and to find companies 3. Save time and effort in the job hunting and hiring process 1. Customer acquisition and retention 2. Data collection and analysis 3. Customer service 4. Platform development and maintenance Get: Invitation, reference, marketing, Keep: Good customer service, online help portal, loyalty program for hiring companies, blog, email newsletter, recommendation Grow: Word of mouth, reference, outreach 1. Prospective job hunters ‘ data source from public profiles 2. User behavior and preference data 3. Hiring companies’ profiles and targets Website Service fees Premium services Sponsored content Advertising Platform development and maintenance Human resources Marketing Operations ce Hiring Side : Startups (valuation less than $10M) Job Hunter Side : Graduating students, unemployed, career changers and other prospective job hunters,
  • 5.
    Day 1 to2 Original Thought Learned Market: Compe--ve market is pre1y saturated. It will be possible but difficult to find a niche to fill. Value Prop: Our differen-a-on is clear. Customer Segment: We are targe-ng, and taking money from job seeker and employer sides, directly or indirectly. Revenue: People aren’t willing to pay for a subscrip-on. Need other avenues for collec-ng revenue. There are mul-ple small niches to fill. Pick one that works well. There are mul-ple small niches to fill. Pick one that works well. Targe-ng employers specifically is a be1er idea. Keep service free for job seekers. Subscrip-on fees are paid. Startups are willing to pay for a subscrip-on fee monthly/annually. They already do for other non-HR services.
  • 6.
    Business Canvas Day2 Key Partners Key Activities Key Resources Value Propositions Customer Relationships Customer Segments Channels Cost Structure Revenue Streams Programmer Hunter - Day 2 1. Hiring companies 2. Student affairs offices 3. Cloud service providers 4. Student organizations 1. Offering companies well-qualified relevant prospective employees based on their actual work 2.Offering programmers an easier and smarter way to be discovered by companies and to find companies 3. Save time and effort in the job hunting and hiring process 1. Customer acquisition and retention 2. Data collection and analysis 3. Customer service 4. Platform development and maintenance Get: Invitation, reference, marketing, Keep: Good customer service, online help portal, loyalty program for hiring companies, blog, email newsletter, recommendation Grow: Word of mouth, reference, outreach 1. Prospective job hunters’ data source from public profiles 2. User behavior and preference data 3. Hiring companies’ profiles and targets Website Service fee Premium services Sponsored content Advertising Platform development and maintenance Human resources Marketing Operations ce Hiring Side : Startups (Valuation less than $10M) Job Hunter Side : Graduating students, unemployed, career changers and other prospective job hunters, Optimizing the resume selection process and pre-selecting prospective and targeted candidates Searching potential employees for startups Providing concrete evaluation of the coders’ competence based on their actual work Subscription fee : $30/month Hiring Side : Startups 1. With limited budget to hire HR 2.Trying to expand and need more eligble programmers to realize existing ideas Job Hunter Side : 1.Fresh graduates and graduating engineering students interested in coding who are actively looking for a job, and open to various opportunities and challenges 2. Experienced but aged-discriminated professionals, who have been laid off and hope to power their technical skills to recruiters
  • 7.
    Day 2 to3 Value Prop: People use websites like GitHub to evaluate code quality. Original Thought End User: We are targe-ng a variety of unemployed/career switching users. Learned People use websites like GitHub to evaluate ac-veness in programming. People use audi-on projects to verify code quality. But these don’t capture management style or cultural fit. Focus on the young professional space. They are most a1rac-ve to, and most inclined to choose, working for startups.
  • 8.
    Business Canvas Day3 Key Partners Key Activities Key Resources Value Propositions Customer Relationships Customer Segments Channels Cost Structure Revenue Streams Programmer Hunter - Day 3 1. Hiring companies 2. Student affairs offices 3. Cloud service providers 4. Student organizations 1. Offering companies well-qualified relevant prospective employees based on their actual work 2.Offering programmers an easier and smarter way to be discovered by companies and to find companies 3.. Save time and effort in the job hunting and hiring process 1. Customer acquisition and retention 2. Data collection and analysis 3. Customer service 4. Platform development and maintenance Get: Invitation, reference, marketing, coding challenge Keep: Good customer service, online help portal, loyalty program for hiring companies, blog, email newsletter, recommendation Grow: Word of mouth, reference, outreach networking events 1. Prospective job hunters ‘ data source from public profiles 2. User behavior and preference data 3. Hiring Companies profiles and target 4.Personalized audition projects Website Service fee Premium services Sponsored content Advertising Platform development and maintenance Human resources Marketing Operations Hiring side: startups 1. With limited budget to hire an HR 2. Trying to expand and needing more eligible programmers to bring to life ideas 3. With limited time Job hunter side: Fresh graduates, graduating students & young professionals interested in coding who are actively looking for a job, and open to various opportunities and challenges of startups Subscription fee: $30/month Hiring Side : Startups 1. Networking events 2. Job fair events Job Hunter side : 1. Career services at universities 2. Networking events 3. Social media 5.Personalized auction projects for startups 4. Offering coders a fair chance to prove their advantageous competence 5.Offering startups a more comprehensive evalution of applicants, especially according to their specefic needs and requirements
  • 9.
    Day 3 to4 Value Prop: An integrated audi-on project plaXorm could help to evaluate code quality and other factors. Original Thought Value Prop: People can look at GitHub and other websites on their own separately and use our plaXorm/ service to look for other quali-es in applicants. Marke-ng/GET Strategy: There are a variety of outreach channels/poten-al channel partners that all work well. Maybe they could, but many recruiters (especially at startups) don’t have -me, and non-technical hirers can’t use them. Some do, but many don’t have -me for that. They’d love a quick way to be shown the key things they look for from these websites, such as ac-vity. Some clearly work be1er than others, and are favored by those who look for/use hiring services. Focus on partnerships with career services, trusted advisers with Internet influence, posi-oning ourselves as experts, and social media. Learned
  • 10.
    Business Canvas Day4 Key Partners Key Activities Key Resources Value Propositions Customer Relationships Customer Segments Channels Cost Structure Revenue Streams Programmer Hunter - Day 4 5. Marketing 1. Hiring companies 2. Student affairs offices 3. Cloud service providers 4. Student organizations 1. Offering companies well-qualified relevant prospective employees based on their actual work 2. Save time and effort in the job hunting and hiring process 3. Offering coders a fair chance to prove their advantageous competence 4. Offering startups a more comprehensive evaluation of applicants, especially according to their specific needs and requirements 1. Customer acquisition and retention 2. Data collection and analysis 3. Customer service 4. Platform development and maintenance Get: Invitation, reference, marketing, coding challenge Keep: Good customer service, online help portal, loyalty program for hiring companies, blog, email newsletter, recommendation Grow: Word of mouth, reference, outreach networking events 1. Prospective job hunters ‘ data source from public profiles 2. User behavior and preference data 3. Hiring companies’ profiles and targets 4.Personalized audition projects Website 5. Shortlisting candidates with numeric ranking based on their previous work Service fee Premium Services Sponsored content Advertising Platform development and maintenance Human resources Marketing Operations Hiring side: startups 1. With limited budget to hire an HR 2. Trying to expand and needing more eligible programmers to realize ideas 3. With limited time Job hunter side: Fresh graduates, graduating students & young professionals interested in coding who are actively looking for a job, and open to various opportunities and challenges of startups Subscription fee: $30/month Hiring Side : Startups 1. Networking/job fair events 2. Trusted sources Job Hunter side : 1. Career services at universities 2. Networking events 3. Social media 4. Trusted sources
  • 11.
    Day 4 to5 Original Thought Learned Market: Compe-tors are problema-c. Marke-ng: Networking services are great for outreach. Marke-ng/Revenue: Lower price point will always be more a1rac-ve. Compe-tors are poten-al partners. Some might be willing to work with us. Networking events aren’t so effec-ve, but university and community career services might work well. Some may be willing to work with us directly and that can help to promote our service. People are willing to pay more for a service if shown why/how it’s beneficial and if they feel it’s higher quality. Marke-ng well is important.
  • 12.
    Business Canvas Day5 Key Partners Key Activities Key Resources Value Propositions Customer Relationships Customer Segments Channels Cost Structure Revenue Streams Programmer Hunter - Day 5 1. Hiring companies 2. Student affairs office 3. Cloud service providers 4. Student organizations 1. Offering companies well-qualified relevant prospective employees based on their actual work 2. Save time and effort in the job hunting and hiring process 3. Offering coders a fair chance to prove their advantageous competence 4. Offering startups a more comprehensive evaluation of applicants, especially according to their specific needs and requirements 1. Customer acquisition and retention 2. Data collection and analysis 3. Customer service 4. Platform development and maintenance Get: Invitation, reference, marketing, coding challenge Keep: Good customer service, online help portal, loyalty program for hiring companies, blog, email newsletter, recommendation Grow: Word of mouth, reference, outreach networking events 1. Prospective job hunters ‘ data source from public profiles 2. User behavior and preference data 3. Hiring companies’ profiles and targets 4.Personalized audition projects Website 5. Shortlisting candidates with numeric ranking based on their previous performance Service fee Premium services Sponsored content Advertising Platform development and maintenance Human resources Marketing Operations Hiring side: startups 1. With limited budget to hire an HR 2. Trying to expand and needing more eligible programmers to realize ideas 3. With limited time 4. Preferably to use less obscure/less hard to learn technologies Job hunter side: Fresh graduates, graduating students & young professionals interested in coding who are actively looking for a job, and open to various opportunities and challenges of startups Subscription fee: $30/month Hiring Side : Startups 1. Networking/job fair events 2. Trusted sources Job Hunter side : 1. Career services 2. Networking events 3. Social media 4. Trusted sources 5. Career services at universities and job help centers 5.Marketing First month free trial
  • 13.
    What We Learned:Summary What we thought What we learned Results Market Compe--ve market is pre1y saturated. It will be possible but difficult to find a niche to fill. There are mul-ple small niches to fill. Pick one that works well. Core service: providing a programmer rank to help find the best programmers. Algorithm based on public data from websites such as GitHub using factors that people actually look for (such as ac-vity). Focused, saves -me. Value Prop Our differen-a-on is clear. Need to clearly ar-culate, focus, and highlight what unique feature customers are looking for. amul-ple small niches to fill. Pick one that works well. Customer Segment We are targe-ng, and taking money from job seeker and employer sides, directly or indirectly. Targe-ng employers specifically is a be1er idea. Keep service free for job seekers. Subscrip-on fees are paid. Revenue People aren’t willing to pay for a subscrip-on. Need other avenues for collec-ng revenue. Startups are willing to pay for a subscrip-on fee monthly/annually. They already do for other non-HR services. 13
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    5% 31% 64% No Yes Maybe 14 Subscription fee: $30/month Total# startups interviewed: 39 Get Strategy: Willingness to pay Willingness to pay: startups 1. First year: - Estimated conversion rate: 64% - Subscription fee: $30/month - First month free 2. In 5 years: - Estimated conversion rate: 75% - Estimated churn rate: 5% - Subscription fee: $30/month (further tests are required) Back of the envelope calculation:
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    4% 18% 77% No Yes Maybe 15 # interviewed: 34 #surveyed: 102 Total # programmers: 136 Get Strategy: Willingness to use Willingness to use: programmers 1. First year: - Estimated conversion rate: 77% 2. In 5 years: - Estimated conversion rate: 90% - Estimated churn rate: 3% (further tests are required) Back of the envelope calculation:
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    Get Strategy: Programmers Startups 16 Channel partners #startups#coders churn rate revenue cost 1 year 640 30,000 5% $200,640 $150,000 5 years 30,000 1,000,000 5% $10,260,000 $2,000,000
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    Channels and RevenueModel 17 Algorithms Numeric rankings of programmers Keyword Search Subscription fee $30/month Programmers Startups Data from professional websites Profiles
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    Programmer Hunter CompetitorAnalysis 18 Recruiters Technology Big data Career services Social media
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    What We’re GoingTo Do Next Step 1. Price points and matching Step 2. Further testing of unexplored areas Step 3. Strengthen key partners relationships Step 4. Refine and launch final products 19
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    We bring thebest developers to you The best ranking system for pro grammars Subscribe for only $30/month 21
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    We bring thebest developers to you The best ranking system for pro grammars Subscribe for only $15/month 22
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    We bring thebest developers to you The best ranking system for pro grammars Subscribe for only $10/month 23
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