I'm at HireVue building new startups? How did that happen?
Since I updated my LinkedIn profile I've been contacted by a number of friends and contacts who have asked what HireVue is and what I'm going to be doing there.
HireVue is the worlds leading video interviewing company with clients that include Starbucks, GE, Dow Jones, Red Bull, Ocean Spray, Geico, Living Social and a few hundred others. Something like 20% of the Fortune 100 are now using Hirevue to time-shift their interviews, shred their hiring costs, and improve their new hires. Hirevue's sitting a the junction of a sea-change in HR and the trend is only going to accelerate.
My role at HireVue is to build startup teams and products to expand HireVue's core technologies outside of video interviewing by building new products and - where needed - new startup teams. I'll be running an entity that's currently referred to as "HireVue Labs" which will be taking on special projects as well as another entity that will be outside of HireVue and is as of yet still unnamed.
The goal of HireVue Labs is to utilize all of the new methodologies and tactics around lean startups, minimum viable products, business model canvas, and blue oceans to quickly discover customers, build and launch new products, and iterate. These are exciting times at HireVue and we're going to be building some incredibly interesting products and services across social networks, healthcare and education We'll also be open to helping other startup teams who might utilize HireVue's technology or who are in a market of interest where we can help with technology, team building or help financing.
I'll also be handing businesses that HireVue either acquires, or spins off. The first of these is a company called CodeEval, a 'code testing' community that came out of I/O Ventures incubator program and is based in San Francisco. HireVue acquired CodeEval to help develop HireVue's capabilities around technical 'coding' hires and turned into "CodeVue".
Of course all of this is risky and unusual. Failure to focus is a know and common killer for startups... exactly why all of these projects and teams will be built outside of HireVue, preventing distractions that could compromised HireVue's domination of the video interviewing market (where they're killing it). Undoubtedly, we'll make some mistakes and go down a dead end or two, but we'll be trying to be smart about what bets we make, and when we'll cut bait or let the winners run.
So, if you've got a startup or company that could leverage HireVue's technology or core competencies, we should talk.