Bridging the gap between college and the workforce
Mission Statement
At Algowork, our mission is to ensure no college graduate is ever stuck in a career they do not enjoy.
AlgoWork
The Team
Jennifer CEO
Ola
Skylar
CFO
CTO
Ridwan CMO
The Problem
There is a disconnect between what college students experience in their major...
AlgoWork
...and what they experience in their resulting career.
Value Proposition
AlgoWork
AlgoWork bridges the gap between college and the workforce by providing students with the opportunity to experience their ďŹ eld of study as a career.
Why Now •
51% regret their college education choices
•
80% in their 20s want to change their careers
•
36% would change their majors
Jaison R. Abel and Richard Deitz Federal Reserve Bank of New York Staff Reports, no. 587 December 2012; revised December 2014 JEL classification: I21, J24, J31, R23
Students We Talked To
AlgoWork
40 STUDENTS (18-35) 2 high school students
SF State
Community College (SF, Santa Cruz)
University of CA (Berkeley, Davis)
CCA
Professionals Want To Mentor
AlgoWork
18 PROFESSIONALS (ages 26-65)
3 Software Engineers
Life coach
2 Architects
Restaurant Manager
Product Designer
Psychologist
Graphic Designer
Product Designer
Soccer Camp Owner
Student Advisor
Nurse
Interior Designer
Instructional Designer
Pharmacist
I T Person
Market Sizing
Market Sizing
$1.8 million 123,000 source: IBISWorld Industry Report 62431
College Students
AlgoWork
Market Sizing
$1.8 million 123,000 source: IBISWorld Industry Report 62431
College Students
AlgoWork
$22.5 million
$2.1 million
1.5 million
457,000
Professionals
High School Students
$306 million 20.4 million
$39 million 2.6 million
$1.8 million 123,000 source: IBISWorld Industry Report 62431
College Students
$1,9 billion 127 million
$240 million
$57 million 3.8 million
$25.5 million
16 million
1.7 million
$22.5 million
$2.1 million
1.5 million
457,000
Professionals
High School Students
Competitive Landscape
Exploratory
AlgoWork
AlgoWork Career counselors/coaches
Theoretical
Experiential
University Career Fairs
Service Year Internship’s Committed
Our Secret Sauce
AlgoWork
WHAT MAKES US UNIQUE ? AlgoWorks uniqueness lies in its ability to provide students with a realistic experience of the jobs they can get with their major
Demo
AlgoWork
Concierge
Pricing
AlgoWork
Costs & Partners
AlgoWork
Partners
Activities
Resources
$34,288 Total Monthly Costs(Our Gross Burn Rate)
Run Rate + Market Plan
AlgoWork
With a seed amount of $620,000 6-11 months
12-14 months
Phase
Validate Markets 
 & Concierge
Wizard of Oz & Building
Building & Alpha Launch
Beta Launch
Cash Negative
-$205,728
-$171,440
-$102,864
-$137,152
+$7,000
+$84,000
Time
Cash Positive
First 6 months
14-18 months
Ask
AlgoWork
$620,000
Connections in Education Tech
Thank You
Find us at: algowork.net facebook.com/algowork