Who Wants to Be a Gazillionaire?
WHY YOU SHOULD CARE
You don’t want to be sitting on the sidelines for this tech boom.
By Stephan Maass
Ask typical job-seekers what’s most important in their next gig, and they’ll probably say the same things: security, benefits and good work-life balance. Ha! Who needs that? These days, every young person and their high-school-dropout cousin is willing to risk it all to be the next Mark Zuckerberg. And now there’s a new job portal that’s pairing up eager college grads with the very startups that will catapult them onto the front page of Fortune — or back to their childhood bedroom at mommy and daddy’s house.
Turns out, for as much media buzz as the Instagrams of the world receive, they still don’t get props from college counselors. That means wannabe entrepreneurs don’t know where to look for open positions. Sounds like a problem only a startup could solve — meet Tyba, co-founded by Philip von Have and his former IE Business School classmates, Jorge Schnura from Spain and Eiso Kant from the Netherlands, who have already wrangled 25,000 registered users to the service. “It’s like an online dating site” for job-seekers, says von Have.
And they’ve turned startups’ hunger for fresh and risk-ready talent into a blossoming business that’s courted almost $4 million in investment from European and Middle Eastern firms last year.
The Madrid-based Tyba reaches more than 500,000 potential candidates via partnerships with universities and online magazines.
Enough about Tyba. Here’s how to become the next slacks-wearing billionaire: Simply make a profile on the site, and let its fancy algorithm work its magic. With more than 760 firms from 14 European countries to choose from, you’ll have a much better shot at landing a job than you do a hot date (or is that just me?). Once a company gives you the thumbs up, you can check out videos and interviews with the boss or employees. But competition is fierce — von Have says the Madrid-based Tyba reaches more than 500,000 potential candidates via partnerships with universities and online magazines, including registered users on the site.
Of course, aside from the allure of hitching yourself to the next big thing, many startups have their fair share of downsides. Being the talk of techie town is no easy task. The “hours are going to be ungodly compared to a more traditional job,” says David Gee, co-director of the University of Wisconsin-Whitewater’s Launch Pad program and co-founder of College Startup Funding. Also, he explains, startups typically aren’t flush with capital, so many don’t have competitive wages or offer benefits, making it “a hell of a sacrifice.”
Sure, but young people can handle it. And as Eric Schmidt, then-CEO of Google, advised a skeptical Sheryl Sandberg, who was on the fence about taking a job at some crackpot scheme called Google, “Don’t be an idiot. If you’re offered a seat on a rocket ship, don’t ask what seat. Just get on.” There’s that, and the inevitable delight of working for a company called BlaBlaCar.
- Stephan Maass, OZY Author Contact Stephan Maass