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Kathryn Minshew

๐Ÿ‘ค Speaker
289 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

Some of our larger clients are sensitive if we don't get their explicit approval to talk about them in the press.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

I can also be more candid if I haven't identified the client.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

But they are recruiting for really sought-after talent.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

They need to build up data science, engineering, of course, a wide variety of sort of technical and product-related positions.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

They're having trouble competing with some of these newer and more digitally savvy companies.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And so not only are they recruiting via the Muse and hiring people through our channels, but they have a pre-existing social media presence of tens of thousands.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

They have a talent community, but they're not doing a lot with that has, I think, something north of 100,000 members.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

So how do we not only help them recruit through the Muse, because we've got a great population, a lot of talent,

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

a lot of millennials, a lot of digital natives, but how do we also then help them take those lessons and apply it to these existing channels that they may have built up previously as a Fortune 1000 company, but they're not optimizing and fishing from really effectively.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

We started with the individual users, the people, although in the sort of span of the company's history, they were both started fairly early.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

So when the Muse initially launched 2011, sort of late 2011, September, we just had career-related content, tools, and resources for individuals.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And we didn't roll out our first company profile until we had 100,000 people a month using the site.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

No, no, no.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

We've never had advertising on the site.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

I think banner advertising has no place on the muse.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

Yeah, so we actually had 100,000 users a month in about six months.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

So it was not all that much time.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

The early cash came from my savings account.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

So when I started the business, my co-founder and I kind of looked at our bank accounts and we said, all right, based on expenses and things we need to set aside for the business, this is how long we can last.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And, uh, we got really close to the end.