Salim Chowdhury discusses SkillBridge's monetization model and pricing structure with Nathan Latka.
0:00 / 0:06exact quote · 6.6s
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“We basically took a 20% flat fee on any on, on any work that was conducted through the platform.”
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More from Salim Chowdhury
Insight
Chowdhury argues modern consulting firms should be built as digital platforms
“If you were to build either of those businesses today, you'd probably not build them with fancy offices and sort of, ah, you know, rainmaker partners. You'd probably build them as a platform. And in many ways, that's what I think TopTel are doing. They are bas…”
Salim ChowdhuryJun 23, 2016▶ 17:43EP 314: He Just Sold His Company SkillBridge.co, But Why?
Insight
Chowdhury says five-star rating systems fail for elite management consultants
“Management consultants can't really be ranked on a five-star rating. Have you ever met a Harvard business school grad that would generally think, yeah, five stars. That's how I'd rate my work. Does not work in the slightest.”
Salim ChowdhuryJun 23, 2016▶ 2:17EP 314: He Just Sold His Company SkillBridge.co, But Why?
AssertionNot checkable as stated
Chowdhury notes that Toptal accepts only 3% of developer applicants
“Literally, they only have, they genuinely only take the three percent of people that apply for them for their developer, for developers.”
Salim ChowdhuryJun 23, 2016▶ 12:00EP 314: He Just Sold His Company SkillBridge.co, But Why?
AssertionNot checkable as stated
SkillBridge had roughly 1,000 clients place projects on its platform
“On, in total, I think there's been just about a, there were about a thousand or so thousands of people who've, who've placed projects on the platform.”
Salim ChowdhuryJun 23, 2016▶ 8:01EP 314: He Just Sold His Company SkillBridge.co, But Why?
Disclosure
SkillBridge raised less than $2M prior to its acquisition
“It's less than, it's less than two million.”
Salim ChowdhuryJun 23, 2016▶ 9:37EP 314: He Just Sold His Company SkillBridge.co, But Why?
AssertionNot checkable as stated
SkillBridge reached nearly $500,000 in posted projects in March 2016
“If I remember correctly, there were roughly I think just under half a million dollars of projects posted on the platform.”
Salim ChowdhuryJun 23, 2016▶ 13:23EP 314: He Just Sold His Company SkillBridge.co, But Why?
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