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> While Talent & Jobs helped us get to where we are over the past decade, the talent acquisition space is not one where we have a strong competitive advantage.
by pigbearpig 5y ago
> While Talent & Jobs helped us get to where we are over the past decade, the talent acquisition space is not one where we have a strong competitive advantage.
Ah, I'd consider the arguably most visited site by software developers would have a strong competitive advantage in advertising jobs for software developers.
- mikequinlan 5y agoThe people who pay for ads are recruiters and Stack Overflow is not the most visited site by recruiters.
- ackbar03 5y agoI feel like. Job seeking / sourcing seems to be one of those problems that are never "solved" very well by tech. Does anyone have any idea or summary of why that is? just out of curiousity
- cosmodisk 5y agoBecause mostly it's still 1-1 interactions that can't be automated.
- Spooky23 5y agoExactly. We have a 1-many model for hiring people as well… body shops that are both inhumane and rife with fraud and abuse.
- marcinzm 5y agoWould you really like it solved by tech the way other problems were "solved" by tech? Do you really want a couple of large tech companies to control your ability to get hired for most jobs with no customer service and automated bans at their discretion?
- drran 5y agoTinder for jobs! You liked a company which liked you in return, now you both can go to interview. Any VC's there? I need a few millions to make it reality.
- 20after4 5y agoI think I read somewhere a story about someone actually finding a job on actual tinder.
- marcinzm 5y agoIt's that basically Hired?
- drran 5y agoNo. I cannot like companies where I want to work, so I will be spammed by recruiters with sheety jobs which are hard to fill. Now, we need a Tinder for investments.
- Spooky23 5y agoSO is owned by some equity firm that owns a third of tencent. It’s a blip to them.
- adventured 5y agoElaborating on the parent's info - the PE firm is Prosus, which is owned by Naspers. Naspers is a South African conglomerate / investment firm that has been dabbling in tech investments for decades and started out initially in publishing a century ago. They bought 46.5% of Tencent in 2001 for something like $34 million. They've gradually sold some of the Tencent and still hold around 1/3 of it. And now they're up to this: "[May 2021] Prosus, the European-based technology listed subsidiary of South African giant Naspers, has bought 49.5% of its parent, in a move widely considered a means of moving the hugely valuable one-third stake of mobile giant Tencent from Africa into Europe. ... The Amsterdam-based Prosus would remain under Naspers control, through its controlling stake in Prosus, but both firms believe it will increase both of their valuations. Prosus is Europe’s largest internet company and believes this transaction will also double its free float to $100 billion, which it argues will increase its liquidity, market index weightings and trading dynamics." https://www.forbes.com/sites/tobyshapshak/2021/05/13/prosus-buys-45-of-parent-naspers-moving-tencent-shareholding-to-europe/ https://www.forbes.com/sites/tobyshapshak/2021/05/13/prosus-...