4 ms·
I'm sorry, low?
by TheBeardKing 11y ago
I'm sorry, low?
- sokoloff 11y agoYes, we pay ~30% of first year comp for traditional agency hires. Granted, they're doing more than simply flagging candidates of interest, but if this product is successful, I'm just as willing to pay 10% or 15% as I am 5%.
- analog31 11y agoMaybe this is intended to be "disruptive." A lot of what is called disruptive, seems to do with replacing a labor intensive middleman with automation, at a lower but still profitable price.
- sokoloff 11y agoI agree and was mostly observing that 10% also meets your last criterion. Sell goods and services based on the value to the consumer (minus a consumer surplus), not on a cost-plus-markup model. The cost-plus model only needs to set the floor (so you don't run unprofitably forever.)
- kasey_junk 11y ago5% is so low it makes me question their approach. The thinking goes something like "if the approach works you could charge 5x for it & I wouldn't blink, so why don't they?"