dchhugani

13 ms·

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by dchhugani 8y ago
We've had people suggest it - but right now we're too far removed from the actual moment someone gets hired to even consider it. I think that's a very creative model with good alignment of incentives, but frankly I don't
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by dchhugani 8y ago
This is very insightful and perceptive, especially for just doing a 3 month internship. I agree with pretty much all of it. However - you'll find most people hate IB for the same reasons, but also know their only way to more interestin
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by dchhugani 8y ago
thanks! this is an amazing idea. I'm going to write down that you gave it to us and let you know when we do something about it :). agree that we need to be much better at telling the story, because the idea itself without the story doe
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by dchhugani 8y ago
Will definitely make it clearer. Thanks for the candid feedback.
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by dchhugani 8y ago
Hey benmanbs. Thanks for the kind words. We'll fix this, but this wasn't meant to be misleading. It's actually more because not every call costs $60. For example, ~90% of our users buy calls that are in the $65-$70 range as o
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by dchhugani 8y ago
Hey konschubert - understand what you're saying, but I'd strongly disagree that this is only a phenomenon in investment banking. Roughly ~65% of hires for all Fortune 500 companies come from employee referrals, and top companies i
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by dchhugani 8y ago
Thanks andrestan - I specified in the first few words of the blurb - is there anywhere else you'd specify it? Would not want anyone to think it's spam :).
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by dchhugani 8y ago
Love this - amazing ideas. Writing all this feedback down to improve our offering.
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by dchhugani 8y ago
Hey Fifer82! Really appreciate your kind words. It sounds fluffy, but this is the kind of thing that inspired me to do The Lobby. I went to a school where no one really gets the "top jobs" but a select few of us figured out how to
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by dchhugani 8y ago
Reaching out now!
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by dchhugani 8y ago
I know this isn't quite on topic, but this is the best possible crowd and I can't resist mentioning. I'm looking for a technical partner/CTO for The Lobby in NYC (I'm the founder/CEO of The Lobby to be clear):
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by dchhugani 8y ago
Exactly - we're not a "pay to get a job" site. There's plenty of those. We just think that the insights people have inside companies are incredibly valuable and if you want to make them free, then you'll have the sa
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by dchhugani 8y ago
Hello! Glad you see it's merits. As discussed below, today we focus mainly on coaching & prep. We think that it's a service that should exist no matter what for the reasons discussed in the thread. Beyond that - we are working
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by dchhugani 8y ago
Respect that you see it this way, but I disagree, for all the reasons discussed here. If you're a candidate who goes to a 3rd tier school dreaming of getting a top-tier Wall Street job, you have no alumni to reach out to, half of your
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by dchhugani 8y ago
Lastly - thank you very much for the kind words!
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by dchhugani 8y ago
Exactly right. Any kind of professional conversation is very different than a conversation designated to helping the candidate prep. The goals and motivations on both sides are fundamentally different.
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by dchhugani 8y ago
Exactly! Do you have any thoughts on how to convey this benefit to users? Most of them get it, but sometimes we get people who compare us to "reaching out on LinkedIn" which clearly is not the case, since any other kind of convers
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by dchhugani 8y ago
I should also add - when people call you up directly and say "I want to work on your team" the dynamic is incredibly different than when you use The Lobby. On the candidate side, this entire conversation is about impressing you an
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by dchhugani 8y ago
Can you try again now?
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by dchhugani 8y ago
Insiders are paid as individual advisors. We don't work with employers, so we ask insiders to make sure this is OK with their company. In some cases, there are employer policies against them doing this, and in those cases, we focus on
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by dchhugani 8y ago
I respect that this is a new way of doing things, but would disagree. With The Lobby, they're not obliged to give you a referral, a job, an interview or anything of the sort. They only get paid for their time and insights. Our thesis i
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by dchhugani 8y ago
To reiterate part of the above comment, we think that this is really life-changing insight and advice. It's definitely free to ask people for help on LinkedIn or go through your network but think of how inefficient and random that is.
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by dchhugani 8y ago
Thanks for the feedback. I should be a bit more clear - the calls today are not really meant as a way for you to refer the person to your company. We started that way, and learned it was both shady and really ineffective (i.e. what are the
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by dchhugani 8y ago
hey maxtynan! appreciate the kind words. I'm glad you see the problem we're trying to solve, most of our users tell us the same thing and you'd be surprised how many users even in target schools need more help. This is the mo
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by dchhugani 8y ago
Thanks for the kind words! Thanks also for the bug - we're working on fixing it asap. We want to move to tech later on - we think the right move is to win in one industry and move onto others. Also, this is the industry we have more do
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by dchhugani 8y ago
Hello! Today we don't charge the companies. We only want to charge them later on when we can just send them the candidates that did best on our calls (a.k.a qualified candidates). If we charge companies today, the only we could do that
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Launch HN: The Lobby (YC W18) – 1-on-1 calls with company insiders to get hired
208 points by dchhugani 8y ago|160 comments
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by dchhugani 9y ago
Agreed! Companies basically give you incentives to train, coach, and jam your friends down their throat, which in our view is a huge conflict of interest vs. just letting you get paid small amounts just to speak with people who are fascinat
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by dchhugani 9y ago
hey koolba! glad it made you smile :). Definitely issues to consider as we scale up, right now it seems to be adding a lot of value to people who are a) trying to figure out if this career path is for them but have no way of understanding w
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The Lobby connects Wall Street aspirants with insiders(venturebeat.com)
2 points by dchhugani 9y ago|0 comments

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