What is?

75+ million workers (half of US workers) unsatisfied with their careers

13+ million people out of work need guidance, not just job postings

1.5+ million college grads joining the workforce this year... poorly informed, underprepared.

Online career resources focused only on people who know what they want to do.

Where do you go when you don’t know what to do next?

Problem

Assessments add a personal dimension

Peer to peer career advice adds data to candidate profiles and original industry specific content.

RESUME GENOME PROJECT

Crawling 10 mil.+ resumes to power career path database

RESUME

Solution: Guide with career data from real people

Resume analysis tools bring more resumes, more data

RESUME

RESUME RESUMERESUME

Generating easy to navigate, industry specific research

Product Screenshots – Career Research

Product Screenshots – Resume Analysis

Product Screenshots – Assessments

Product Screenshots – Advice

► More data: Finding people on the “open web” + giving them a reason (helping with career guidence/objectives) to submit additional data.

► No chicken and egg problem: Database of bootstrapped by public crawl.

► Suite of complementary tools: Cross pollination of data across diverse tools makes for a better candidate profile, drives engagement.

► Understand that recruiters need better search: Constant complaints about existing databases from recruiters include limited search capability, poor UX, and no way for relevant recruiters to differentiate themselves.

Path 101 Advantage

Monetize relevant recruiting access to candidates

White label platform opportunities

Data analytics of educational outcomes for institutions

Business Model

► Charlie O’Donnell, Co-Founder & CEO► Career Educator: Adjunct Professor, Fordham; Ran internship programs for Fordham, NYSSA, GM► Technology Community Leader: Founder, nextNY; Blogger (2600+ RSS Subs.)► Product & Strategy Experience: Director of Consumer Products, Oddcast► Venture Capital: Analyst, Union Square Ventures, Investment Analyst, GM Pension Private Eq.

► Alex Lines, Co-Founder & CTO► Development: Over 10 years experience developing web applications – ATTAP, Riskmetrics► Data specialist: Expert in scalable database design, data modeling, and large data sets.► Expertise covers the full range of technical operations from application design and implementation to data center build-out and systems administration

►Hilary Mason, Scientist/Developer► Machine learning Phd – specializing in data modeling► AJAX/Front-end expertise

Path 101 Team

►$550K funding closed from 21 angels including► NYC Seed Fund ► Roger Ehrenberg (Largest non-founder angel in TheLadders)► Fred Wilson, Brad Burnham (Union Square Ventures)► Partners from Performance Equity Management (Former GM Pension Priv. Eq.)► Shripriya Mahesh (eBay), Josh Stylman & Peter Hirschberg (Reprise Media), Scott Heiferman (Meetup), Matt Blumberg (Return Path), Jeff Jarvis, Jeff Stewart (Mimeo), Brian Harniman (Priceline), Darren (IGA) & Sherri (Corp HR) Herman, Hunter Walk (Google)

Board & Investors

Press"The perennial question regarding career options used to be "What do you want to do when you grow up?" Today, the question has changed. Instead of figuring out what we want to do once, then being locked into a career for the rest of our lives, we're now asking the question "What do you want to do next?“ "

"...It’s an opportune time for Path 101, a career guidance service, to be launching. Let’s be clear: This is not another job posting service...

Instead, Path 101 takes an analytical approach to provide users with guidance for a career path. It does this a number of ways, with the three key areas being: A personality test, a resume analyzer and a career advice section. ...This comparison of your information to millions of other resumes, gives you an easy-to-understand breakdown of what careers might be good options for you.

"A lot of times we think about career planning as a service an employer providers to its employees, but it is important to recognize that with all of the job changes people will make in their careers that there will be a desire for an individual to control this outside of the context of the employer. This is a good example of such a service directed at the individual."

Jim Holincheck's (Gartner VP) HCM Software Blog

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