EFTA00533959.pdf
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TAKE THE HIRE ROUTETM
EFTA00533959
CONCEPT
(93
Hire Routes ("HR") is a website that uses incentive based social networking
to open routes - for companies and recruiters - to job candidates through
their extended, deeper networks - beyond one degree of separation - as well
as through new and otherwise inaccessible networks.
HR's incentive based social networking provides companies and recruiters
the ability to offer cash rewards to all those people involved in a successful
connection or in other words a connection that leads to a successful hire.
Additionally, HR provides people with extensive networks to monetize them
by allowing companies to access them through our site.
HR will also pay job seekers signing bonuses, if you will, for being hired
directly through the HR website.
Something no other site provides to job
seekers.
EFTA00533960
TEAM
oa AUSTIN ROOT - FOUNDER, PRESIDENT & CEO:
Austin spent the beginnings of his career on Wall Street in New York City. From 2000 to 2007 Austin rose through the ranks
from an analyst to a vice president - of Merrill Lynch's Global Markets and Investment Banking Group structuring and
executing billion dollar transactions for global Fortune 500 companies. In 2007 he not only left his job but also the United
States for a 2 year soul searching journey throughout the far reaches of the Earth. Following his humbling adventures Austin
returned to New York City in the summer of 2009 where he studied architecture, a long lived passion, at Columbia University
under the tutelage of some of the most impassioned and experienced architects in the world. In 2010, he started working on
several entrepreneurial ventures among them a financial insurance product company, Ratings Edge, LLC. Austin graduated
from the University of Pennsylvania with a Bachelors degree in Economics. In his free time, Austin enjoys the company of his
friends and family, food (cooking and eating!) and wine, reading, watching movies, breaking a sweat through all sorts of
physical activities and coming up with new and exciting ideas!
oa MICHAEL BOUFFORD - FUTURE CTO:
A well-traveled Harvard graduate and current MSc candidate at the University of Oxford, Michael Boufford has
made the intersection of business and technology his life's passion. In 1999, at the age of 17, Michael founded
bikeit.net, integrating Tiger Maps GIS-data systems with off-road bike trails to create the web's first integrated trail-
to-street mapping system. From 2001-2002, Michael founded and served as CTO for
, one of the web's
pioneering barter-trade websites. In the decade since, Michael has served in a variety of roles: as Chief Technology
Officer for Boston Realty Advisors, Head Teaching Fellow for the course Mobile Robot & Embedded Programming at
Harvard, Project Architect for Agora Financial Group, and as a lead consultant on dozens of software development
projects. Michael is currently the Development Manager for Customer-facing Applications at Reuters News Agency.
In his free time, Michael enjoys hiking, playing guitar, solving puzzles, and writing software.
EFTA00533961
ADVISORY BOARD
SHUVRO CHOWDHURY:
Mr. Chowdhury has been a Managing Partner at Zero Sigmas LLC, a New York-based financial services advisory and
consulting firm supporting investment management firms and other financial institutions across firm operations, technology,
accounting, and business strategy. Prior to Zero Sigmas, Mr. Chowdhury was the Co-CEO and Founder of the
VanthedgePoint Group, Inc., a New York-based boutique financial services firm focused on the operations, technology,
trading, and capital needs of emerging hedge fund managers. Founded in 2004, VanthedgePoint serviced over 100mm USD
in assets under management (AUM) and has raised over 140mm USD in committed capital for both seeding of new hedge
funds and existing hedge fund clients. Mr. Chowdhury has a career that spans both financial services and technology. Before
joining VanthedgePoint, he was Director of Commercial Systems at Basic Commerce & Industries, Inc. (BCI), a systems and
software engineering firm focused on the Aerospace & Defense industry where he was responsible for managing the design,
development, and implementation of sensor-based technologies for asset tracking systems. He also managed BCI Capital,
BCI's private investing arm, in acquiring and investing in strategically aligned businesses that were complimentary to BCI's
efforts in the Aerospace & Defense industry. Before joining BCI, he was an Analyst with Donaldson, Lufkin & Jenrette in their
High Yield Portfolio Strategy Group performing analysis on high yield securities, CBO, CLO, and other structured debt
products. Mr. Chowdhury graduated with a B.S. in Finance and Information Systems from the Stern School of Business at
New York University and received an
. in Electrical Engineering from the University of Pennsylvania. Mr. Chowdhury
has FINRA registrations for the Series 7 & 63.
EFTA00533962
TODAY
°a As the US and other economies rebound the demand for new
talent is increasing.
oR. Companies across the globe are having difficulty finding talent
they need when they need it.
oa In a recent study by the Manpower Group (http://
), 52% of employers
in the US report experiencing difficulties filling positions due to
lack of available talent.
EFTA00533963
PROBLEMS
(3
ca Recruiters have limited tools for finding talent today.
oa Majority of recruiters use job posting websites such as Career
Builder and
with high posting fees ($200 - $500 per
post) and little success.
oa Linked In has recently become the tool of choice for recruiters.
The problems with Linkedln are:
(93 Limited reach to not only Linked In members but to those
connected to your network
(93 Premium Accounts for people searching for talent are NOT
free (from $49.95 to up to $499.95 a month)
ca Companies have very high costs using recruiters where they pay
them 15 - 30% of the employee's salary.
EFTA00533964
BENEFITS
(3
ca HR provides recruiters and companies with a novel as well as
inexpensive alternative to current recruiting tools
ca HR provides recruiters and companies with the ability to reach deep
into their extended networks through ANY existing type of platform
(facebook, gmail, Linked In, etc.)
ca HR provides recruiters and companies with the ability to reach into
new "open" and otherwise inaccessible networks through ANY
existing platform.
ca HR can significantly reduce companies costs of using recruiters.
EFTA00533965
ADDITIONAL BENEFITS
03
ca People who have strong vast networks can provide companies and
recruiters access to these networks and can get paid for any job
candidates hired through them.
ca Job seekers who sign up with HR and are hired through our site will
split the posted reward with HR, essentially giving them a signing
bonus. We believe this will be a huge incentive for job seekers to
sign up with HR and will eventually force companies and recruiters
to do so as well.
EFTA00533966
TECHNOLOGY
-O3-
ca HR's technology allows us to track the connecting path in
networks through any existing platform - from the beginning to
the end - from the company or recruiter to the talent and all
connectors in between.
ca Once a successful connection has been made, HR's technology
through its tracking system automatically calculates the awards
to be paid to each connector who has contributed to that
successful connection.
EFTA00533967
GROWTH
CD3
+ We plan on using the incentive based social networking to
expand into other industries such as housing, capital raising and
sales.
UNIVERSAL
ROUTES
JOBS
HOUSING
CAPITAL
SALES
EFTA00533968
CAPITAL RAISING
cap HR raised $100,000 in August 2011 in a convertible note financing. As of
February 29, 2012 the expense breakdown was as follows:
Website/Product Development
$29,000
Office Rent
14,000
Salary
13,750
Legal (incorporation and financings)
12,000
Travel, Meals & Entertainment
12,000
Office Expenses
5.000
Total
$85,750
Reserve
$14,250
.."„"m °."'ra'`‘
12.30%
6.1311
l
ipr
16.41%
•wntable Omatons
•Entertanment
IS meals
rOff.Expenses
...Off. Rent
—Product Developrnern
'Transportation
EFTA00533969
CAPITAL RAISING
HR is looking to raise another $100,000 in a convertible note bridge
financing to support the following costs for 6 months:
April
May
June
July
August
Sep
TOTAL
Product Development
2,000
3,000
3,000
4,000
4,000
16,000
Project Manager
2,000
3,000
3,000
4,000
4,000
16,000
Salary
2,500
2,500
2,500
2,500
2,500
12,500
Marketing
5,000
5,000
5,000
15,000
Rent
1,000
1,000
1,000
1,000
1,000
1,000
6,000
Legal
5,000
5,000
10,000
Design
1,750
1,750
1,750
-
5,250
Other
1,000
1,000
1,000
1,000
1,000
I,000
6,000
TOTAL
7,750
17,250
22,250
17,500
17,500
3,500
$86,750
RESERVE:
13,250
TOTAL RAISE: $100,000
EFTA00533970
EXIT STRATEGY
oa We feel HR has something special here and that the technology is
adaptable to an array of markets providing a very strong future
cash flow stream making it extremely attractive to internet and
social networking companies, employment service companies
and private equity and venture capital firms. With a steady, strong
cash flow we believe any of the following companies among
others would be highly interested in acquiring or investing in HR:
Google
Linked
facebook
fioldman
swim
ADVANTAGE
CAPITAL
PARTNERS
//// ManpowerGroup-
EFTA00533971
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| Filename | EFTA00533959.pdf |
| File Size | 2022.9 KB |
| OCR Confidence | 85.0% |
| Has Readable Text | Yes |
| Text Length | 9,568 characters |
| Indexed | 2026-02-11T22:27:08.351153 |