Catherine Minshew, CEO of The Muse, details early marketplace growth metrics and timeline to Nathan Latka.
Opinion
Traditional job search platforms provide an inadequate, dehumanizing experience for candidates
“I mean, even today, in most cases, you are confronted when you go to those sites by a giant blank search box. You have to type something in and you'll get 3724 results, and they all look the same. What sort of, I mean, I'll get off my soapbox, but I am offende…”
Insight
Venture capital should accelerate customer-funded growth, not support basic operations
“Our Customers pay for a fair point of our growth and we can use venture capital really to accelerate and not to sort of, yeah, exactly to support.”
Assertion Not checkable as stated
Minshew: Over 50 million people use The Muse annually
“We have over fifty million people who use the site every year to find a job, get to that next step, talk to a career coach, get advice, learn a skill, anything that's related to taking charge of your career and sort of living the life that you want.”
Assertion Not checkable as stated
The Muse serves over 600 companies including Facebook, Slack, and HBO
“And then on the other side, we have over 600 companies From Facebook, Dropbox, Slack, to HBO, Goldman Sachs, Marriott businesses large and small, and we help them with hiring and employer branding.”
Assertion Not checkable as stated
Minshew: The Muse's average contract value is $20k to $30k
“So right now the average is between 20 and 30 K. But the enterprise number of enterprise deals is rising quite a bit more quickly than our mid-market business.”
Opinion
Minshew: Banner advertising has no place on The Muse
“We've never had advertising on the site. I think banner advertising has no place on the muse.”