Emma Franking

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On March 2, 2016, Emma Franking commented on DISRUPTING THE OLD-BOYS NETOWRK IN PRIVATE EQUITY RECRUITING :

I think this is a terrific idea and addresses a big issue at HBS (and evidently, based on your post, long before we even get to business school) that I first read about in the September 2013 NY Times article that stated, “women never heard about many of the most lucrative jobs because the men traded contacts and tips among themselves.” From what I understand from classmates who recruited for PE while at HBS, the recruiting firms still play a prominent role in filling full-time opportunities, and I have to imagine similar biases persist as seen in recruiting from investment banks. However, as I reflect on the Zillow discussion today, I am curious whether there is an opportunity to work with the recruiting firms, rather than seek to displace them. I imagine the PE firms value the recruiting firms to do a first in-person screen and manage the flow of candidates, and I am curious if your proposed platform could serve to broaden the funnel of talent that recruiting firms draw on, as well as offer tests that provide a clearer evaluation of a candidate’s financial skills. If you plan to pursue this idea, I think it could be valuable to speak to a few recruiting firms, and a range of PE firms – both small ones who do not have an HR function and larger ones with HR and Recruiting teams – to better understand what frictions they see in the process and then factor that feedback into the design of the platform.