If you ask new grads Josh Mitchell from UC Santa Cruz or Matt Tu from Santa Clara University, they’ll both say the same thing – getting noticed by your dream company is almost impossible. But that’s exactly what has happened to both students just months after graduation, thanks to a new social platform called Collegefeed.
We created Collegefeed with one mission – to reinvent the job search process for college students and new grads. In a few short months, tens of thousands of students from 1200+ universities have joined. Career Centers at almost every top school like Stanford and MIT are adopting the platform. Huge employers like YouTube, eBay, Cisco and many more are paying to connect with students. Why?
There is an employment crisis for new college grads. Almost nothing has changed for how new grads start their careers over the past 20 years, despite huge changes with things like social media, the web, mobile, and other new technologies. However college tuition is rising dramatically every year, nearly 50 percent can’t get hired using their degrees and most new grads are saddled with tens of thousands of dollars in student loan debt.
From a business opportunity perspective, the early career marketplace is one of the least served areas – and one that is desperately in need of innovation. Sure LinkedIn is great once you already have some work experience, but new graduates don’t know how to start, who to follow or what to post. Facebook is great for sharing pics at the pub on Friday night, not becoming a professional. And grads send out hundreds of resumes on sites like Monster.com and never hear back.
That’s where Collegefeed comes in. Collegefeed has put a magnifying glass to the problem and developed a solution that is uniquely designed to solve the challenges of only first-time job-seekers.
Users take a few minutes to create a profile and then we work behind the scenes to offer students one-on-one support and actually help them every step of the way to start their careers. New grads and students don’t have a ton of work experience, but they’ve taken courses, done internships, projects, etc. that would be valuable if only they could communicate it effectively to employers. We connect them with jobs, discover cool new companies, start talking directly to employers, build a network of peers in their field and even win awards to pay back student loans.
And employers are just as excited about Collegefeed. Even the most established enterprises and the smallest startups have one thing in common – they all struggle to attractively brand themselves and capture the attention of the newest crop of college students and grads that are preparing to enter the workforce. Only a handful of companies have the resources to visit college career centers and campuses – and even they can only visit perhaps a few dozen of the more than two thousand U.S. universities each year.
Plus most companies employ a one-size-fits-all approach to recruiting, yet what is appealing to a professional two decades into their career is different than for a 21 year-old. New grads are curious about the corporate culture, what kind of people they can relate to in the company, the perks they will enjoy, and what kind of career path a company offers, whereas a mid-management applicant expects you to match their 401K and offer a great health plan. The reality is that if a company doesn’t tailor its brand presence in recruiting, they don’t appear relevant to the next generation of talent.
For employers, Collegefeed helps them find the perfect candidates from the newest crop of grads. We are essentially a “virtual career fair” where startups and huge companies can reach new talent. We also enable them to present an engaging brand image to those millennial job-seekers, to help them attract candidates from every school, every major and even every country. And once they sign-up, all of this info is sent to them automatically, so that they don’t have to invest more resources and time in recruiting.
We welcome listeners of College Smart Radio to check us out at www.collegefeed.com. Whether you are looking for work or looking for young talent, Collegefeed can help make the perfect match.
This post was provided by Sanjeev Agrawal, the founder and CEO of Collegefeed, who was a guest on College Smart Radio “Tackling the Runaway Costs of College” on November 2nd, 2013. Listen to this broadcast on YouTube here.
Photo Credit: Collegefeed