Interviewstreet introduction

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Interviewstreet © 2013 Interviewstreet

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Transcript of Interviewstreet introduction

Page 1: Interviewstreet introduction

© 2013 Interviewstreet

Interviewstreet

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© 2013 Interviewstreet

Background

• Interviewstreet was created to make hiring software developers more efficient– Founded in 2010 by Vivek & Hari– Over 100 active customers (eg: Amazon,

Facebook, Zynga, Microsoft, etc.)– More than 35,000 candidates screened in 2013 by

Interviewstreet– Backed by Y Combinator and Vinod Khosla

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© 2013 Interviewstreet

The Problem

A resume can’t tell you if someone can code.

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Scenarios

How do our different customers make use of our platform?

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Scenario #1: Screening tool

Step #1: A recruiter talks to a candidate and passes the profile to the engineer

Step #2: The engineer conducts a phone interview

Step #3: Within the first few minutes, the engineer knows whether the candidate is good or not. However he/she has to spend at least 30-45 minutes on the phone

This affects productivity of the team & the company. How can we fix this?

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Interviewstreet

• Helps screen programmers through automated coding challenges (saves interviewing time)

• ROI: 40-50 developer hours saved for every hire made.

• Instantly available reports to identify the best candidates

• Ability to create custom programming challenges to benchmark against your bar

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Case Study: Cleartrip• Customer: Cleartrip.com• Before: Engineers and recruiters were conducting phone interviews with

30% of their candidates taking at least 30 minutes on each call• After: With Interviewstreet, Cleartrip.com saves over 40 hours for every

hire made by making them clear a coding challenge first

50 resumes

10-20 phone interviews

3-5 shortlisted for on-site

1 hire

50 resumes

30-40 tests using interviewstreet

3-5 shortlisted for on-site

1 hire

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Scenario #2: University recruiting

Step #1: Visit the university

Step #2: Conduct a presentation followed by a coding challenge or a test

Step #3: Spend 1-2 days in interviews and make an offer to the candidate.

This process is inherently non-scalable and demands 3-4 employees work days for just one campus. And you can never reach the smartest person in that remotely located campus. How do we fix this?

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Interviewstreet

• Companies conduct an online test/coding challenge before visiting the campus. They already know the best candidates

• Increase outreach by conducting online contests to campuses you might never visit. Eg: conduct an online coding challenge to 100 campuses and bring the top-10 on-site. Saves time, increases awareness and you always end up hiring the best

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Case Study: Flipkart• Customer: Flipkart.com• Before: Engineers and recruiters were spending 200 business days per

year visiting schools and evaluating candidates.• After: With Interviewstreet, Flipkart.com spends only 130 days per year to

run same process. A savings of 70 business days per year.

150 candidates take a 2 hour written exam

6 hours to evaluate10%-15%

shortlisted

3 Offers

150 candidates take an online Interviewstreet exam

Instant Results

10%-15% shortlisted

3 Offers

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Scenario #3: Increase the pipeline

Million dollar questions

1. How do we get more candidates interested in my company?2. How to spread awareness about our company?3. How do we get engineers in the world know about the

interesting problems we’re working on?

We’ve answers for all of them and we don’t even charge a million dollars ;)

https://www.interviewstreet.com/recruit2/pricing
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Interviewstreet#1: Careers pagesCompanies use our platform to put up interesting real-world & algorithmic challenges on their careers page.[1] Quora: quora.com/challenges (Machine learning problems related to Quora)[2] Facebook: facebook.interviewstreet.com[3] Box: box.interviewstreet.com

Intrigues candidates who just want to try out these interesting problems

#2: Coding contestsCompanies conduct coding contests (eg: codeninja.interviewstreet.com, adobe.interviewstreet.com) that attracts thousands of developers to participate and know about the company and interesting problems you’re working on

http://www.quora.com/challenges
http://facebook.interviewstreet.com/
http://box.interviewstreet.com/
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Scenario #4: Candidate has a bad day

“Our greatest glory is not in never failing, but in rising up every time we fail.” ― Ralph Waldo Emerson

There are bad days for everyone. And it’s terrible if it happens to be on the day of the interview. Wouldn’t you want to give the candidate another chance to rise?The smartest guy I knew in college couldn’t clear the first technical roundbecause… he just had a bad day.

But you wouldn’t want to lose that candidate. How can we fix?

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Interviewstreet

• Companies give candidates who fail in the phone interview or resume test a coding challenge to see their performance

• Our customers have hired tons of full-timers & interns whom they’d have otherwise left out

• Identifies the diamonds in the rough

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Press

http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/

http://techcrunch.com/2012/02/23/interview-street-codesprints/

http://www.bbc.co.uk/news/business-15814537

http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://www.forbes.com/sites/nicoleperlroth/2011/08/25/yc-combinator-start-ups-guess-which-will-be-worth-a-billion/
http://techcrunch.com/2012/02/23/interview-street-codesprints/
http://techcrunch.com/2012/02/23/interview-street-codesprints/
http://techcrunch.com/2012/02/23/interview-street-codesprints/
http://techcrunch.com/2012/02/23/interview-street-codesprints/
http://techcrunch.com/2012/02/23/interview-street-codesprints/
http://www.bbc.co.uk/news/business-15814537
http://www.bbc.co.uk/news/business-15814537
http://www.bbc.co.uk/news/business-15814537
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© 2013 Interviewstreet

Thank you dear customers. We value you the most

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Customers are like royal guests to our house and we’ll doeverything to make them successful and happy!

Contact us:

E-mail: [email protected]: 512.800.3815Founder’s e-mail: [email protected] & [email protected]

mailto:[email protected]
mailto:[email protected]
mailto:[email protected]

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