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Vijay Swaminathan

CEO, Draup

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Developing a Multi-Pronged Approach for Targeted Talent Acquisition in 2021 & Beyond

Mar 28, 2024

Paul Davidson and Rohan Seth started Clubhouse, an audio-only social network where people can listen to live chats and discuss various topics.  Starting in 2020, the company became a unicorn very soon with a billion-dollar-plus valuation.  In the book SuperFounders by Ali Tamaseb, the author states that they have nine failed startups between Seth and Davidson.  Learning from failures and refining the strategy is becoming a very critical soft competency.  A while back, Eric Schmidt – Former CEO of Google, stated, “Give me 10 or 20 Google-like Engineers, and I will increase the revenue, reach, profitability and scale in any business ”.  Is Eric Schmidt right?  It is not about being right or wrong, but it is becoming more apparent that companies need to move towards an AI Savvy talent.  (Not just engineers but across all functions).  So you want to build an enterprise that understands customers, data flows, systems (technology) and develops common patterns to predict (ML models).  The critical thing to understand is that the entire organization needs to work for it.  One of the reasons Netflix ML models are compelling is that they study customer interactions data intensely, and both software and non-software talent are looking into it.

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