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Engineering Recruiting Today!
Daniel Portillo, VP of Talent, Greylock Partners!
Perspectives
Of an early-stage startup guy 
        LinkedIn User #47,201
          Rypple Customer #1




                            Page 2!
Talent
shortage
            Page 3!
Fine Print
Job postings and organic
website traffic is not
something I've focused on
over the years. Some
companies rely heavily on
them for candidates. I don’t
judge if that's how you do
things. I prefer going out
and getting who we want. I
believe it’s impossible to
build a great company
a n o t h e r o t h e r w a y.
Disclosure: We're investors in
LinkedIn & Treehouse.
TRENDS
spray & pray doesn’t work
trend is operational & data driven
to find the fish, be strategic & leverage the web
pool is small, but new ways of growing it




                                                Page 6!
Recruiting is becoming
more operational…
                     Page 7!
…& data driven




                  Page 8!
100% (X)
    Total Out reach
                         (Top of funnel)
                         
                         
                         Avg Response Rate:
           10% to 20%
   10-20%
Basic                    
                         
Metrics
      0.7%
                         Intro to Offer Rate:
               to
                         10-15:1
               2%
       
              0.3% 
               to 
      Acceptance Rate: 
               2%
       40-100%
                 
                                            Page 9!
1,450
    Greylock Talent Team
             !       Outreach in Q1


            320

           (22%)!    Response rate

Real         !

Example
            435!     Total Introductions

             29

                     Intro to Offers
           (15:1)!
             17

           (59%)!    Acceptance Rate

             !                          Page 10!
Top of the funnel
   Increase outreach
                               using github,
                               linkedin, etc.
                               
             Response
               Rate
           AB testing outreach
                               
Levers
               Intro to        Debrief after
                Offer          interviews to improve
                 Rate
         conversion 
                               
               Accept
                ance
                Rate
          Pre-closing
                  
                                                Page 11!
FINDING THE FISH
Don’t bring a knife to a gun-fight




                                 Page 13!
Essential recruiting tools




                              Page 14!
To recruit well & fast,
match intent to relevant ability




                                    Page 15!
How to (scalably)
match intent & relevance




                            Page 16!
Best sourcer: high relevant, high intent
     “Pull Sourcing”



                        Scraping
                        Spamming
Relevancy




                                    Agencies (do not scale well)




                                                                     Job boards
                                                                    “Push sourcing”

                        Intent
                                                                                       Page 17!
Matching algorithm
                  It s a data game

      Tags (relevancy)
                         Behavior (intent)
              
  Extracted tags from candidates &
                                                 Matching
                                                       
                                          Convert actions taken on Whitetruffle 
companies profiles and other sources          by companies & candidates to
              available. 
                  knowledge to improve matching. 




                            Matching score
                                      Human validation


                           Match is released

                                                                               Page 18!
GIT WITH THE TIMES
Page 20!
Reading github profiles
     can be tricky




                          Page 21!
Page 22!
Dive into the implicit Web
                          Page 23!
Explicit Professional Data

~500 chars
   ~1k chars
   ~10 chars




                                        Page 24!
Implicit Data from the web
~250k chars
   ~80k chars
   ~100k chars




                                            Page 25!
TalentBin’s 360 view
*




                     Extract professional activity
                         Analyze & surface skills
                      Aggregate all contact info

    * he’s happy because he never updates LinkedIn, but now, with TalentBin, you can find him!

                                                                                  Page 26!
Page 27!
Get…



        Page 28!
Job Posting 2.0




                   Page 29!
Grow
the pool
           © Random House


             Page 30!
Education is being
        disrupted
Higher education is broken
with increasingly higher costs
for students and society at
larger. Education is no longer
a one-time event but a lifelong
experience. What is taught in
universities is a mismatch
with what employers need,
especially in technical fields.




Sebastian Thrun
Udacity Founder. Google Fellow. Stanford
University Comp. Sci. Research Professor.
Autonomous Car Inventor. 50 Smartest
People in Tech (Fortune). Education disruptor.

                                                 Page 32!
Page 33!
Big breakthroughs happen
w h e n w h a t ’s s u d d e n l y
p o s s i b l e m e e t s w h a t ’s
d e s p e r a t e l y n e c e s s a r y.
Higher education is
prohibitively expensive. But
web technologies now allow
100,000+ students to be
t a u g h t b y o n e S t a n f o rd
professor.



Daphne Koller
Coursera Co-Founder. 3rd generation Ph.D.
Stanford University Professor. MacArthur
Fellowship winner. Education disruptor.




                                            Page 34!
Page 35!
Page 36!
To Recap…
trend is operational & data driven
There are new amazing tools, but there are no shortcuts
We can help create bigger and better pools of talent




                                                   Page 37!
Thank you
George!




            Page 38!
Engineering recruiting today

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Engineering recruiting today

  • 1. Engineering Recruiting Today! Daniel Portillo, VP of Talent, Greylock Partners!
  • 2. Perspectives Of an early-stage startup guy LinkedIn User #47,201 Rypple Customer #1 Page 2!
  • 3. Talent shortage Page 3!
  • 4. Fine Print Job postings and organic website traffic is not something I've focused on over the years. Some companies rely heavily on them for candidates. I don’t judge if that's how you do things. I prefer going out and getting who we want. I believe it’s impossible to build a great company a n o t h e r o t h e r w a y. Disclosure: We're investors in LinkedIn & Treehouse.
  • 6. spray & pray doesn’t work trend is operational & data driven to find the fish, be strategic & leverage the web pool is small, but new ways of growing it Page 6!
  • 7. Recruiting is becoming more operational… Page 7!
  • 9. 100% (X) Total Out reach (Top of funnel) Avg Response Rate: 10% to 20% 10-20% Basic Metrics 0.7% Intro to Offer Rate: to 10-15:1 2% 0.3% to Acceptance Rate: 2% 40-100% Page 9!
  • 10. 1,450
 Greylock Talent Team ! Outreach in Q1 320
 (22%)! Response rate Real ! Example 435! Total Introductions 29
 Intro to Offers (15:1)! 17
 (59%)! Acceptance Rate ! Page 10!
  • 11. Top of the funnel Increase outreach using github, linkedin, etc. Response Rate AB testing outreach Levers Intro to Debrief after Offer interviews to improve Rate conversion Accept ance Rate Pre-closing Page 11!
  • 13. Don’t bring a knife to a gun-fight Page 13!
  • 15. To recruit well & fast, match intent to relevant ability Page 15!
  • 16. How to (scalably) match intent & relevance Page 16!
  • 17. Best sourcer: high relevant, high intent “Pull Sourcing” Scraping Spamming Relevancy Agencies (do not scale well) Job boards “Push sourcing” Intent Page 17!
  • 18. Matching algorithm It s a data game Tags (relevancy) Behavior (intent) Extracted tags from candidates & Matching Convert actions taken on Whitetruffle companies profiles and other sources by companies & candidates to available. knowledge to improve matching. Matching score Human validation Match is released Page 18!
  • 19. GIT WITH THE TIMES
  • 21. Reading github profiles can be tricky Page 21!
  • 23. Dive into the implicit Web Page 23!
  • 24. Explicit Professional Data ~500 chars ~1k chars ~10 chars Page 24!
  • 25. Implicit Data from the web ~250k chars ~80k chars ~100k chars Page 25!
  • 26. TalentBin’s 360 view * Extract professional activity Analyze & surface skills Aggregate all contact info * he’s happy because he never updates LinkedIn, but now, with TalentBin, you can find him! Page 26!
  • 28. Get… Page 28!
  • 29. Job Posting 2.0 Page 29!
  • 30. Grow the pool © Random House Page 30!
  • 31. Education is being disrupted
  • 32. Higher education is broken with increasingly higher costs for students and society at larger. Education is no longer a one-time event but a lifelong experience. What is taught in universities is a mismatch with what employers need, especially in technical fields. Sebastian Thrun Udacity Founder. Google Fellow. Stanford University Comp. Sci. Research Professor. Autonomous Car Inventor. 50 Smartest People in Tech (Fortune). Education disruptor. Page 32!
  • 34. Big breakthroughs happen w h e n w h a t ’s s u d d e n l y p o s s i b l e m e e t s w h a t ’s d e s p e r a t e l y n e c e s s a r y. Higher education is prohibitively expensive. But web technologies now allow 100,000+ students to be t a u g h t b y o n e S t a n f o rd professor. Daphne Koller Coursera Co-Founder. 3rd generation Ph.D. Stanford University Professor. MacArthur Fellowship winner. Education disruptor. Page 34!
  • 37. To Recap… trend is operational & data driven There are new amazing tools, but there are no shortcuts We can help create bigger and better pools of talent Page 37!
  • 38. Thank you George! Page 38!