2. Founder
• Steve Schmitt
• Founder & CEO
• 25 years of Experience
“With the fundamental belief that Social Media and
other advancements in Internet technology will
significantly impact many industries...”
9. Macroeconomic Trends
• IRS plans to audit 6,000
companies
• IRS to hire 100 new
personnel
• 50% of jobs created
during the economic
recovery were
contractors
http://www.inc.com/news/articles/2010/02/cracking-down-on-contractors.html
11. HOW DOES THE MARKET WORK
Corporations/Governments/Consulting Firms
$110,000,000,000
Revenue
Staffing Firm Staffing Firm Staffing Firm
17,000
Staffing Firms
200,000
Recruiters
Independent Recruiters Independent Recruiters Independent Recruiters
12,900,000
Contractors
Hired!
THE ENTIRE POPULATION OF PENNSYLVANIA
12. THE PLAYERS
Recruiter Recruiter with
with Job Contractor
Staffing Firm Staffing Firm
or or
Independent Recruiter Independent Recruiter
22. • For professional recruiters
• Private, Secure & Trusted
• Recruiters can meet & share in opportunities
• Common platform
• First of it’s kind!
23. The Loud Mountain Platform
Loud Mountain Marketplace
Post Post
Job Contractor
Recruiter Recruiter
with with
Open Job Qualified
Contractor
CONTRACTOR IS MATCHED TO JOB
ALL FEES ARE SPLIT BETWEEN THE TWO RECRUITERS
24. The Loud Mountain Platform
.com
Recruiter LinkedIn
Integration with Recruiter’s ATS
Integration with Recruiter’s ATS
Marketplace Integration Post
Post Contractor
Job
Recruiter Applicant
Rating Tracking
System System
https://vimeo.com/51552398
Mobile Platform
Loud Mountain offers a complete solution for recruiters.
A common platform for recruiters to run their business at no cost.
25. In Summary
1. Everyone is now connected
2. Visibility of trading partners
3. Prisoner’s Dilemma (eBay, Amazon, Airbnb)
4. Free Software
5. Trust the Cloud (Mobile Banking Industry)
6. Contrarian
7. Elimination of Noise
26. In Summary
1.WE HAVE A PRODUCT
2.WE HAVE CUSTOMERS
3.WE HAVE REVENUE
28. Thank You
Please spend a few more
minutes to watch one of
our full testimonials.
Contact Information
Steve Schmitt
(email) steve@loudmountain.com
(mobile) 412.722.7733
30. Revenue Model
Scenario: A contract software engineer is placed into a new assignment on the
Loud Mountain Marketplace.
* Contractor’s hourly rate is $52/hour (30% Gross Margin)
14%
* Contractor works a total of 2,000 hours for 1 year
* Total revenue generated is $104,000
4%
68%
14%
Revenue Breakdown
$70,000 Contractor
$15,000 Recruiter with Job
$15,000 Recruiter with Candidate
$ 4,000 Loud Mountain
31. Revenue Model Loud Mountain
Scenario: A contract software engineer is placed into a new assignment on the
Loud Mountain Marketplace.
* Contractor’s hourly rate is $52/hour
14%
* Contractor works a total of 2,000 hours for 1 year
* Total revenue generated is $104,000
4%
68%
14%
Revenue Breakdown
$70,000 Contractor
$15,000 Recruiter with Job
$15,000 Recruiter with Candidate
$ 4,000 Loud Mountain
32. Revenue Model Loud Mountain
$20,000
Revenue per
400,000 Recruiter
x
Potential
Market
4,000
Recruiter
$80 Million
4,000
Revenue
Recruiters working in Staffing Industry
Loud Mountain’s Goal
33. HERE IS AN EXAMPLE OF ONE
OF THESE RECRUITERS....
34. Jeff Coulter - GenTech
2012
12 PLACEMENTS
$200,0000
ADDITIONAL REVENUE
“Revenue that would not have happened
without the Loud Mountain Platform”
35. Experience
✓ We have built a product based on
years of first hand experience in this
industry.
✓ A product that has been embraced
enthusiastically by our customers.
✓ For the simple reason that it makes
their businesses more profitable.
36. Call to Action
✓ There is a “War for Talent”
✓ We have the tools to help these
organizations compete in this War.
✓ We provide the flexible workforce
necessary to be successful in a global
economy.
37. Building the Community
1 Outside Sales Definition
Small Outside Sales Team focused on
building relationships with medium &
Key Points
• Small Team
large sized staffing and consulting • Mobile
firms. Primary responsibly is
crowdsourcing jobs.
2 Inside Sales Definition
Inside Sales is responsible for recruiting
both users of the free ATS and
Key Points
• Former Recruiters
• Everywhere
converting them to Active Recruiters or
Traders on the Exchange.
3 Referrals Definition
Members can sign up to 10 connections
in their network. They receive a 5%
Key Points
• Dropbox Model
• Viral
override with the potential of earning an • Trust
additional $40k a year. • Loyalty
4 Direct Sign Up Definition
Direct Sign Up’s are Members who
come to the Marketplace directly from
Key Points
• Social Media
• Ad Words
our eMarketing & Social Media
campaigns.
38. Competition
Split Network Competitors ATS Competitors
Weaknesses Weaknesses
• No Recruiter Rating System • Expensive License & Startup Fees
• No Applicant Tracking System • No Recruiter Marketplace
• No integration with Social Media
• Fee Based
Competitive Advantage
• Loud Mountain provides a complete solution for recruiters because we
provide a Free Applicant Tracking System combined with a Network or
Marketplace of sharing jobs and candidates.
39. Competitors - Split Network
Top Echelon is an industry leader in BountyJobs guarantees efficient Private bidding and recruitment tool The Hire Syndicate empowers recruiters to
providing recruiting software solutions collaboration with the headhunter channel allows Employers and Agency Recruiters manage and grow their trusted split
to search firms for the purpose of through a single Web-based application. It to connect and make quicker networks and close deals in real–time from
helping them make more placements is the preferred contingent search solution placements. their desktop and mobile devices.
in less time. for more than a third of the Fortune 500, Facilitates both Direct-hire and Contract/
with a marketplace featuring more than Temporary jobs in all industries.
10,000 approved headhunters.
Weaknesses Weaknesses Weaknesses Weaknesses
• No sharing ability • Employers post jobs not • Need to “Win” Jobs - • Have to pay a monthly
• Expensive ATS recruiters competition not sharing Membership Fee
• No integration into Social • Recruiters compete for • Free to join but make money • No ATS
Media (SM) placements through advertisements • Doesn’t easily integrate into SM
• Low success rate • No ATS
• No ATS • Doesn’t integrate into SM
• Doesn’t integrate into SM
Why We’re Better
✓ Free Applicant Tracking System ✓ Completely confidential
✓ Share information on candidates & jobs easily ✓ No monthly membership fees
✓ Integration into Social Media (LinkedIn) ✓ Free to post jobs and candidates
✓ Better matching ✓ No Startup costs
40. Competitors - ATS
JobDiva is a full service provider with a Bullhorn is a web-based software Bond International Software, Inc. Zoho Recruit is an easy to use ATS and
recruitment and applicant tracking providing services to improve the way developed a staffing and recruiting recruiting software that aids staffing
platform to serve large and mid-sized employees and employers come together. software to aid staffing and recruiting agencies and recruiting departments to
staffing organizations. Their innovative As a software as a service (SaaS) provider, firms of any size to improve their growth track job openings, resumes, candidates
technology allows for easy searching of recruiting and staffing professionals utilize and profitability through the ability to and contacts quickly and efficiently.
resumes through specified criteria. Bullhorn to communicate and collaborate improve finding, placing and managing
with contacts, colleagues and clients to fill talent.
job orders at any time.
Weaknesses Weaknesses Weaknesses Weaknesses
• Full service solution - for employers • Cost/user - start at $99 for the basics • Expensive setup costs and training • Closer to a CRM not just an ATS - tracks
too not just staffing firms and increase • Cost/user - $125 sales instead of candidates
• Many different products - hard to • Hard to navigate through system - isn’t • Many unnecessary features • Lots of add on features that are
choose exactly what you need intuitive • Hard to navigate through system - unnecessary like Project Management,
• More features you want - more • Can only customize if you have a isn’t intuitive Accounting, etc.
money you pay - not customizable higher subscription • Can only customize if you have the • Automate emails to candidates - takes
highest subscription out personal element
Why We’re Better
✓ No Cost
✓ Ease of use
✓ Made specifically for the staffing industry (not corporate HR)
✓ Connection to Loud Mountain’s Recruiter Marketplace
41. Exit
Notable Transactions Facts
Human Capital Management Acquisitions there is a real war for talent
Success Factors by SAP for $3.4b
Taleo by Oracle for $1.9b it is a global problem and getting worse
Salary.com by Kenexa for $80m every year
Job Board Acquisitions organizations with access to this talent
Hot Jobs by Monster for $225m
Rigzone by Dice for $39m
will be in demand
CareerBuilder by Gannett for $135m the recruiting space is very active for
investments and transactions
IT Professional Services Acquisitions
Ness Tech by CitiGroup for $337m
loud mountain cuts across many potential
Intelligroup by NTT Data for $173m acquirers
Patni Systems by iGate for $1.2b
- Global Staffing Firms (Adecco, Allegis, Robert Half, Manpower)
- Global Consulting Firms (Accenture, Capgemini, Pwc, CSC)
Buy/Sell Exchanges - Global IT Firms (TATA, iGate, InfoSys, TekSystems)
Redfin by Draper for $60m - Global Job Boards (Monster, Dice, Career Builder)
Zillow on IPO for $500m Cap - Buy/Sell Platforms (eBay, Priceline, Amazon)
Bounty Jobs by Greylock for $60m
42. Recruiter Metrics
230
-19
211
Recruiters do not These 211 Qualified
depend on their own Candidates who are
database of submitted to positions,
candidates. They are and are not placed,
constantly seeking represent wasted effort
new relationships. and lost revenue.
Summary: Recruiters work very hard to built new relationship
but are inefficient in monetizing all the work.
