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FoundMe is a social network designed for job seekers and recruiters to connect in all areas of employment. With features like job announcements, company profiles, and a "No Waisting Time" service, FoundMe aims to streamline the job search process in the age of social media.
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Generali Company Description • FoundMe is going to be a social network for recruiting, searching jobs, and where to be tuned in all job's area( Marketing, medicins, selling, financial etc etc.) • The main goal is helping people to apply for a job in the era of social media. • In FoundMe you have all: working news, job announcement, firms profile. • FoundMe will be on also whith a service, “No Waisting Time”( need to hire somebody, just call us and tell us who you want).(NWT)
Products and Services Jobs announcement, • Profile of companies and candidates, • Posts about candidates working sector. • Universitary teachers lessons • Universitary students feed back • One of the best CS • At least one specialized HR
Competitors • The main competitor is Face4job. It's very cheap, (announcement job at €1 /day, chat €1/day) • They don't have “No waisting service” • No HR in the team. • Face4job want people doing talent video of 1 minute. • IN THE REST OF THE WORLD NO COMPETITORS.
Market Status • In Italy and in the rest of the world there is only one competitor: Face4job
FoundMe Competitive Advantages • Second mover on the market, after face4job. • In the team one specialized HR. • CSM always available • Team credibility in Marketing strategies. • Focus first in helping people applying for a job, than in being a social where to serch job news.
Current Assets Since september 2015, FoundMe has an agreement with Jecatt of University Cattolica of Milan, for doing data analyist and market search.
Operational Plan 2015-2016 agreement with the major universities of Milan. 2015-2016: setup platform 2016: testing platform and business development 2017: app & “No waisting time” in test 2018: “No waisting time”in test 2019: No waisting time full service
Deal structure Investors receive: Equity(no more than 20-30%) Every 2 months report Sales on service Return of investments: Gains Exit CDA : One member of investors in CDA
Deal structure Funds used for: Recruitment of HR, CTO, business developers Creating and keep at the best the platform.