Catherine Minshew, CEO and co-founder of The Muse, describes the platform's enterprise business model and software capabilities.
0:00 / 0:43exact quote · 43.4s
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“Essentially we have these businesses of various sizes that subscribe to the Muse. It's an annual subscription. And through that, they get a range of different tools. They have the ability to literally have a profile on the new site and hire from our community, but also we give them a number of tools embeddable sort of, I don't know, widgets for lack of a better word. I need a better word for that. And measurement and analytics sort of dashboards that allow them to understand How they're doing across different pieces of their recruiting funnel and optimize not just the recruiting they're doing on the news, which is the marketplace component, but on their own career site through their own social channels, et cetera.”
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AssertionNot 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.”
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AssertionNot 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.”
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AssertionNot 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.”
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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.”
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