@TaariqLewis, thanks for posting! Let's catch up soon!
Team, I'm the author/owner of the repo and would be happy to answer questions.
We were inspired by the concept some fellow MIT alumni used to win the DARPA red balloon challenge, using a Query Incentive Network to provide superior scale and reach with a distributed payout structure. Results have been very strong so far, here is some more detail on the theory: https://blog.rezscore.com/the-red-balloon-experiment-fab19a0...
We'd love to get your thoughts and questions on the concept, particularly as it comes to how to best organize this new GitHub repo to best help you in your job search.
Thanks for the tip -- another user commented this as well, so we switched over to .md Markdown format. Shoot us a note and let us know if this looks better.
For the love of all that is sacred please no-one decide it would be a great startup idea to create a jobs site with bounties.
You might think it’s an opportunity because you don’t see anyone else doing it. That’s because people have been doing trying and failing at this exact concept for at least 15 years.
There’s a deep and wide startup graveyard dedicated specifically to job sites with bounties/referrals.
There, I just saved you years of pointless effort. Expend your energy money time relationships and life on something else.
Unless of course you think you’ll be doing it right/better/different/with a twist/with better timing etc. in which case you must understand you should go straight to the very very large section of that startup graveyard dedicated to those who were smarter than all the others who tried, then pour your money into the next open grave.
Yes, it is a complex puzzle and yes many will try and fail to solve it. That doesn't mean the situation is hopeless. We only need 1 working Mr Fusion. Everyone else trying to build it can fail.
For example: Every company renting out its employees is taking the bounty. These bounties are enormous. I've had a job for years where I cost 12 times my before taxes pay. I've also had a short term job where I cost 15 times my salary. Previous employer took 100%, current one takes 80%. I think that bounty is much to large, it doesn't reflect the amount of effort rather how rare it is to have someone organize the hours properly AND keep employees working.
I think there is lots of room to redefine the relationship, offer a superior product at lower fees. If I'm paid 3 times my salary I don't mind not getting hours 50% of the time and be available 24/7.
Scripting the contract without bugs is really hard but who knows, the right guy might come along? 5000 Euro is nothing if you get a good employee for it.
@drefno, you sound super-knowledgeable on the subject so I'd love to chat with you to learn from your perspective! Please shoot me a note at ghjobs@onymail.com
Not sure what more needs to be said.... just look back at this post when you shut down your attempt in the future. You can then assist others who might be steering themselves into the same rocks by warning them as I have done here.
What questions do you have? Others might be interested in the answers.
If your question is “maybe our twist is new/different/better?” Answer is no.
Thanks for replying, I saw the remote folder, that’s a good direction, I just don’t know if with github I can watch that single folder for communication.
My particular interest in this project was that if the many interviews I explore for a job end in rejects, then at least maybe I might get paid a referral bonus as a sourcer for the job. After spending 6 hours onsite and getting denied, seems only fair to get paid if I can help source?
The company I'm working for has this exact platform as a dream project we've always wanted to do, and we 100% would've wasted a lot of money coming to an inferior end product to what you've created. Keep your head up!
If a hire is made, the employer will apportion the bounty to everybody who helped sourced the final candidate, so it pays to spread these links where appropriate.
I don't understand this part. So let's say I recommend someone to apply for a job. I get the bounty? Who else would it be shared with?
If someone else shares my link to someone and that someone gets recruited, how does the system know that someone else invited him?
We track what we are able to practically track. So if you send your link out and I join the site through your link... then I refer a candidate, you would be eligible to receive half of my earnings for the initial referral.
As a practical matter, people are finding it confusing so we are moving to more straightforward criteria
MS have always been zealous about TM names. Since the purchase i suspect many like myself are sitting in the stadium waiting for whack-a-mole to start, popcorn at the ready.
I am the owner of the repository, and it is released under the MIT license so anybody is welcome to clone it if they wish to make their own adjustments.
There are many great UX for finding jobs. For my case, I get things done a lot faster on the command line so I would personally prefer such an interface for browsing jobs, and judging by the reaction to this post it seems others might agree.
The early companies who have been trying this out this have the advantage that can could post at a discount and still get added exposure.
A big shout out to the companies who recognized this discount and will be rewarded with great value: Eight Sleep, Polis, Standard Tokenization Protocol, Zimperium, Adnomi, Checkbook, EnergyHub, Apptentive, PagerDuty, BetterHalf, Power Integrations, and EverQuote plus others I may have missed.
The reason is that arguably a traditional search firm is a broker, whereas an aggregator can introduce new efficiencies. This is how disintermediation typically happens. Classic example: travel agents vs expedia.
Readit News
Team, I'm the author/owner of the repo and would be happy to answer questions.
We were inspired by the concept some fellow MIT alumni used to win the DARPA red balloon challenge, using a Query Incentive Network to provide superior scale and reach with a distributed payout structure. Results have been very strong so far, here is some more detail on the theory: https://blog.rezscore.com/the-red-balloon-experiment-fab19a0...
We'd love to get your thoughts and questions on the concept, particularly as it comes to how to best organize this new GitHub repo to best help you in your job search.
Myself, I gathered a few lists, and what worked:
- bigger Markdown files https://github.com/stared/science-based-games-list
- YAML files(s), as in https://github.com/stared/interactive-machine-learning-list (see websites.yaml)
The first one is slightly better for seeing many positions than clicking on every single entry.
YAML was my second approach, and it worked even better - much easier to enforce a schema, a possibility to visualize however one wants, etc.
Overall, the repo is very easy to navigate. The challenge is that the .txt files aren't .txt files. They're markup.
Perhaps:
- Use an extension other than .txt to communicate that it's markup
- Generate a website where these postings are easier to read
You might think it’s an opportunity because you don’t see anyone else doing it. That’s because people have been doing trying and failing at this exact concept for at least 15 years.
There’s a deep and wide startup graveyard dedicated specifically to job sites with bounties/referrals.
There, I just saved you years of pointless effort. Expend your energy money time relationships and life on something else.
Unless of course you think you’ll be doing it right/better/different/with a twist/with better timing etc. in which case you must understand you should go straight to the very very large section of that startup graveyard dedicated to those who were smarter than all the others who tried, then pour your money into the next open grave.
For example: Every company renting out its employees is taking the bounty. These bounties are enormous. I've had a job for years where I cost 12 times my before taxes pay. I've also had a short term job where I cost 15 times my salary. Previous employer took 100%, current one takes 80%. I think that bounty is much to large, it doesn't reflect the amount of effort rather how rare it is to have someone organize the hours properly AND keep employees working.
I think there is lots of room to redefine the relationship, offer a superior product at lower fees. If I'm paid 3 times my salary I don't mind not getting hours 50% of the time and be available 24/7.
Scripting the contract without bugs is really hard but who knows, the right guy might come along? 5000 Euro is nothing if you get a good employee for it.
What questions do you have? Others might be interested in the answers.
If your question is “maybe our twist is new/different/better?” Answer is no.
https://news.ycombinator.com/item?id=22028572
Search HN for jobs referrals bounties to find many more:
https://hn.algolia.com
It’s an idea constantly being reinvented and failing.
- from a remote contractor
In general: Try to avoid organizing your data in hierarchies, and instead navigate by filters. (This is why SQL won over older hierarchal databases.)
Deleted Comment
I don't understand this part. So let's say I recommend someone to apply for a job. I get the bounty? Who else would it be shared with?
If someone else shares my link to someone and that someone gets recruited, how does the system know that someone else invited him?
Cool idea anyway
As a practical matter, people are finding it confusing so we are moving to more straightforward criteria
The logic behind the github interface is articulated in this blog post: https://blog.rezscore.com/job-bounty-share-github-repo-78cba...
There are many great UX for finding jobs. For my case, I get things done a lot faster on the command line so I would personally prefer such an interface for browsing jobs, and judging by the reaction to this post it seems others might agree.
A big shout out to the companies who recognized this discount and will be rewarded with great value: Eight Sleep, Polis, Standard Tokenization Protocol, Zimperium, Adnomi, Checkbook, EnergyHub, Apptentive, PagerDuty, BetterHalf, Power Integrations, and EverQuote plus others I may have missed.