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APPLY HN: Mankind – Curates + Crowdsources for Ventures That Can Get Us to Mars
URL: movemankind.com/
PROBLEM/OPPORTUNITY – Ventures that can help mankind go to Mars (in the fields of genetics, AI, renewable energy and space)
Ventures could do with more support from the masses beyond crowdfunding - SpaceX needed dairy farming machinery for its prototypes and Tesla needed accounting advice.
PROBLEM/OPPORTUNITY - Contributors
People already help to better the world by volunteering and signing petitions. However, we have no way of supporting sustainable ventures that can determine the future of the human race.
With interest in space, genetics and all things survivalist at an all-time high, we think the opportunity is ripe to get people involved with such ventures.
MARKET OPPORTUNITY
Early-stage companies in the fields of genetics, AI, clean energy and space currently spend $13.5mn on online job ads a year.
No. of early stage companies in relevant sectors: 2,921 (CAGR: 10.6%)
Average no. of hires per company per year: 13
Average cost per online job ad: $475
Likelihood of a start up in these sectors advertising jobs online: 75%
2,921 x 13 x $475 x 0.75 = $13.5mn
CONDUCIVE MARKET TRENDS
1. We are at the beginning of a Fourth Industrial Revolution and high-tech companies in fields such as genetics and A.I. are forecasted to play an outsized role in job creation.
2. Online recruitment is growing 50% annually.
3. The nature of work is becoming more flexible and driven by interests rather than money.
4. Increase in co-creation. E.g. open source, feedback on HN, crowdfunding sites like IndieGoGo are shifting from just providing crowdfunding to helping ventures build their products.
- rubykct 10y ago(continued) SOLUTION Mankind curates and crowdsources resources for ventures that can help humanity become multi-planetary species. We crowdsource resources such as talent, freelancers, accounting advice… whatever these ventures need to succeed. The ventures we curate operate in the fields of genetics, AI, space exploration and sustainable energy – technologies that will most affect the future of humanity, according to Elon Musk. We’re like Product Hunt x Kritical Mass for ventures that can get us to Mars, with compensation (financial and/or Kickstarter-like) for contributors. BUSINESS MODEL Charge a fee for successfully connecting top talent whose aspirations and interests align with the mission and needs of these high potential, Mars-bound ventures. Future revenue streams: crowdfunding, freelance services, beta testing, ads VALIDATION TO-DATE - ventures - 6/13 cold calls responded positively - 2 proactively reached out - 4 out of 9 ventures retweeted our tweets about their needs VALIDATION TO-DATE - contributors Approx. 120 sign ups from Betalist (incl. marketers, journalists, developers, designers…). Email open rate: 64.5%, click-through: 34.9% (Media & Publishing Industry Average - Open: 22.3%, Click-through 4.6%) We are working on validating whether contributors will take active interest beyond passive info consumption (e.g. applying for jobs, sharing jobs, providing feedback). ABOUT US Ruby – Ex-Ogilvy & Mather Planner, full-stack Ruby/Rails developer, Head of Product at Instant Karma (online platform connecting people to hands-on and skill-based volunteering jobs in Asia). Thomas – MSc in Actuarial Science, started a number of small business reselling a variety of goods Thomas and I met as classmates in Year 10 (15/16 years old). We worked together on school work and numerous projects throughout high school and university.