Myers: About 80% of RippleMatch revenue comes from annual subscriptions
Andrew Myers · 1286 RippleMatch Giving Employers 1000's of High Quality Student Talent Per Month, $125k in MRR · Jan 31, 2019 · at 4:46
Andrew Myers, co-founder of college recruitment platform RippleMatch, explains the company's revenue model to Nathan Latka.
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“About 80% of our revenue is driven through annual subscriptions.”
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More from Andrew Myers
Myers: RippleMatch outperforms human recruiters, noting Google's 1,000-person sourcing team
“Google alone employs a thousand internal sourcers, and we are matching at a more effective rate than the average human recruiter, and it's, you know, all tech-driven, so that's been really powerful, and I think a lot of why those early results have been good.”
Myers: Ripple's platform is already more powerful than LinkedIn for students
“I think I really believe we can build a system that's way more, I mean, it's already way more powerful than what LinkedIn has.”
Myers: LinkedIn has only 3% to 5% of Ivy League resumes
“LinkedIn only has about three to five percent of Ivy League resumes on their platform.”
Myers: Traditional campus recruiting harms diversity and candidate quality
“The challenge is that you're recruiting from a really, really limited subset of students, and you're not actively able to win over the best candidates on each campus, which is terrible for diversity, terrible for winning over the very best candidates possible.”