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Claire Mock Pitch Deck
- 2. The Problem $4,0001 Spent per job opening The recruitment industry is costly 52 Days2 To fill a job opening 99%3 Candidates go through multi- interview processes Interviews are inefficient Jobs are harder to get Interviews are biased Career coaching avg =$161/hr4
- 3. The Solution Recruitment & Coaching platform using A.I. Recruiting Machine learning + Big data Eliminate preliminary recruiting, Save time & money. Artificial Intelligence Accelerate AI development. Help machines understand humans. Coaching and Learning with Artificial Intelligence, for Recruitment and Employment Coaching Practice people skills with a machine - Democratize speech and career coaching.
- 4. The Tech Use of existing APIs to feed our platform. Psychometric assessment & industry relevant analytics
- 5. Market Size $27 bn Recruiting Services in US & Canada $2.79 bn Online Recruiting $906 m Students Employment & Recruiting Industry in the US & Canada (IBISWorld, 2016)
- 6. Competitive Landscape High Value Added Low Value Added AffordableExpensive
- 7. Revenue Model Businesses: Students: Freemium Model $20/month subscription Standard $1999/year 3 Successful Hires Save $10,000 on job seeking! Advanced $4999/year 10 Successful Hires Save $35,000 on job seeking! Enterprise Contact us! +10 Successful Hires Save over $40,000
- 8. Milestones Y1Q1 Y1Q2 Y1Q3 Y1Q4 Y2Q1 Y2Q2 Y2Q3 Y2Q4 Y3Q1 Y3Q2 Y3Q3 Y3Q4 May 2018 Close Beta Release April 2017 Minimum Viable Product MVP July 2019 Open Beta Release and Key Hire (AI Expert) December 2021 Product Launch November 2020 Marketing Venture, release big update
- 10. The Team Recruitment & Coaching through A.I. Pierre R. AI Applications Transhumanist Chair TEDxUofT UofT - Bachelor of Arts Sheridan College - Digital Communications Yara A. PR/Account Manager UofT - Bachelor of Arts Sheridan College - Digital Communications Mayda A. Data Analyst UofT - Bachelor of Arts Sheridan College - Digital Communications Sabrina S. Full Stack Dev. Tech Evangelist Research Analyst UofT - Bachelor of Arts Sheridan College Sho C. Front End UI/UX UofT - Bachelor of Arts Sheridan College - Digital Communications Laura H. HR Recruitment Expert UofT - Bachelor of Arts Sheridan College - Digital Communications David L. Market & Marketing Expert Communication in Economy & Society - Bachelor of Arts
- 11. Funding We’re looking for 12 month financing to create our coaching service, and recruitment foundation. $400K Angel Round Initial investment opportunity
- 12. Exit No matter what Further our understanding of the inevitable The Human x A.I. Landscape Become part of the larger social network recruitment landscape (ie. LinkedIn, Indeed.com) AI Quarterly M&A History
- 13. Thanks!
- 14. References 1 $4000 avg. spent on filling position http://marketing.bersin.com/talent-acquisition-factbook-2015.htm 2 52 Days average to fill job opening http://marketing.bersin.com/talent-acquisition-factbook-2015.htm 3 99% Job offers given after at more than a single interview http://www.mrinetwork.com/media/303951/recruiter_sentiment_study_1st_half_2016.pdf 4 $161/session average for career coaching http://www.cnn.com/2009/LIVING/worklife/11/11/career.coach.jobs/index.html?iref=24hours
Notas del editor
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- Claire uses facial recognition, and speech to text API available by Microsoft to develop a quantitative analysis of interviewer. These Microsoft Cognitive Services allow an analysis of emotions, speech quality, fit, etc. From a recruiter’s standpoint, the recruiters’s ability provide feedback to the software and make Claire learn by providing more accurate filtering is the beauty of Machine Learning technology.
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- We are locking these students in with a freemium model. So when they start to fall in love and grow with Claire, they will pass it on to their friends and family. We expect a stagger 8% conversion rate to the $20 premium. This valuable database will be packed up as an information good and sold to companies on a pay-per-use model. Important to know, we will only be charging companies per successful hires.
- MVP: for Students. Learn. Close beta: fix bugs and generate media buzz. Open Beta: Invite more people to test out CLaire and get feedback. Marketing Venture: Invest $ on advertising and market research. Product Launch: Agile Approach will prepare claire for launching the fill version.
- Now, let’s talk numbers and let’s talk realistic sets of revenue projection. We are confident that in year 3 we will break even with the release of public beta. Even though in year 1 we were bootstrap in order to release our MVP, in year four, we expect to continuously grow our marketing ventures in order to release the full version of Claire in year 5 at a $5.2 million profit. This astonishing hockey stick curve proves the exponential revenue growth opportunities in this technology.
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- Student centre and partnering with them as a stream for revenue could be an additional marketing strategy from an enterprise point of view