How Does Fuzu make it's money

[AU5]

for those who don't know Fuzu is a job portal with some courses too https://www.fuzu.com/

On some jobs, you pay to get feedback

They also have a career coaching package

and CV creation

on Crunchbase they have funding of almost 300Million

Fuzu - Crunchbase Company Profile & Funding

Fuzu is the platform serves B2B clients by efficiently providing HR sourcing services for both entry and mid-level white collar profiles.

www.crunchbase.com

With such funding will they be able to turn a profit anytime soon or in future or that's money down the drain for another startup?

 

[Cortedivoire]

muweke premium threads unalipa kusoma. Kwanza safisha mesho

 

[AU5]

muweke premium threads unalipa kusoma. Kwanza safisha mesho

let us share information for free.

 

[upepo]

for those who don't know Fuzu is a job portal with some courses too https://www.fuzu.com/

On some jobs, you pay to get feedback View attachment 1364


They also have a career coaching package

View attachment 1366

and CV creation

View attachment 1368

on Crunchbase they have funding of almost 300Million

Fuzu - Crunchbase Company Profile & Funding

Fuzu is the platform serves B2B clients by efficiently providing HR sourcing services for both entry and mid-level white collar profiles.

www.crunchbase.com

With such funding will they be able to turn a profit anytime soon or in future or that's money down the drain for another startup?

This is an investment like any other, where the breakeven point could be five, ten or twenty years down the line.

 

[Mwendawazimu]

Hiyo ya fuzu I've understood, now please explain how pigiame.co.me na jiji.co.me make money please

 

[Tuthu wa Ndenderu]

for those who don't know Fuzu is a job portal with some courses too https://www.fuzu.com/

On some jobs, you pay to get feedback View attachment 1364


They also have a career coaching package

View attachment 1366

and CV creation

View attachment 1368

on Crunchbase they have funding of almost 300Million

Fuzu - Crunchbase Company Profile & Funding

Fuzu is the platform serves B2B clients by efficiently providing HR sourcing services for both entry and mid-level white collar profiles.

www.crunchbase.com

With such funding will they be able to turn a profit anytime soon or in future or that's money down the drain for another startup?

Who is funding them ?

 

[AU5]

Who is funding them ?

Jobs in Kenya - Latest Vacancies & Career Tips | Fuzu

www.fuzu.com

 

[shocks]

Hizi investments si zile social enterprise, instead of funding NGOs they fund "businesses" with some supposed social good and those businesses are not really expected to turn a profit

 

[Aviator]

-career coaching
-headhunting
-CV writing.

Just consider this. If I contract Fuzu to get me a suitable candidate for a position worth 100k per month, I pay them 100k.

 

[AU5]

-career coaching
-headhunting
-CV writing.

Just consider this. If I contract Fuzu to get me a suitable candidate for a position worth 100k per month, I pay them 100k.

Hiyo amount payable to them umedanganya. hata Job boards za majuu people don't pay 1000$ for job posts

 

[Ule Msee]

I believe it's a kind of model where you first invest, wait for the user base to grow plus site becomes popular, then monetize it, get back your ROI. Kind of like the direction reddit took.

 

[AU5]

I believe it's a kind of model where you first invest, wait for the user base to grow plus site becomes popular, then monetize it, get back your ROI. Kind of like the direction reddit took.

How can such a site be monetized? Ads? Sell data?

 

[Ule Msee]

How can such a site be monetized? Ads? Sell data?

You start it like a "free" service. People like free, so the user base grows. When it becomes popular, you will get investors ready to put their money on the table. Freemium model.

 

[Ule Msee]

All it needs is patience. And something interesting. Check reddit's expansion and how it became monetized.

 

[AU5]

All it needs is patience. And something interesting. Check reddit's expansion and how it became monetized.

Reddit barely has competitors. Fuzu has several, how will they ensure that they are unique?

 

[Ule Msee]

Reddit barely has competitors. Fuzu has several, how will they ensure that they are unique?

Be patient enough and keep it actually free until it becomes a household name. Majority of the competitors will prematurely try to start charging, mara 100 Bob for an applicant to get premium job postings, or 12k for an employer to get super CVs.

 

[Ule Msee]

..And then they will introduce a subscription model to the employers to be premium, and the employees to have super CVs. Fails mapema.

 

[Wakatimba]

hizi ni zile Not for profit business

 

[AU5]

Be patient enough and keep it actually free until it becomes a household name. Majority of the competitors will prematurely try to start charging, mara 100 Bob for an applicant to get premium job postings, or 12k for an employer to get super CVs.

brighter Monday, facebook, LinkedIN, Ihub, jobwebkenya, Brave, etc lots of competitors. Some free

 

[AU5]

hizi ni zile Not for profit business

I think so