Bond
Helping young talent kickstart their professional careers
Together With:
Today's edition is brought to you by Atomic 32 - transforming ideas into digital solutions.
Navigating the competitive job market can be intimidating for young students and recent graduates.
They find themselves lost in a sea of concepts they’ve never heard of and mainstream platforms that overshadow young talent.
Let's dive in.
Imagine this
You are just about to graduate from college and are excited to start your professional career.
You hop on LinkedIn to search for appropriate job roles.
However, all the entry-level jobs you like require “2 years of experience.”
You think, “How am I supposed to land a job when everything requires experience?”
If only there were a platform focused on students and recent graduates.
That's when your university recommends signing up for Bond, a platform designed to help students and recent graduates on the next steps in their professional careers.
Explain it like I'm five
Bond is a job-seeking platform that helps students and recent graduates find their next opportunity.
They enable users to search for jobs based on their interests and skills and offer personalized job opportunities every two weeks.
Students can accept job offers and receive payments directly through the platform, with assisted support provided at every step, including SAT and tax payment guidance.
Companies and universities partner with Bond to match young talent with open roles and manage them.
Founders aim to provide students and recent graduates with the necessary tools to kickstart their professional careers.
The ABCs
Industries: HR-tech, Fin-tech
Headquarters: Monterrey, Mexico
Year Operations Started: 2021
Team Size: 9
Raised: Undisclosed (Pre-seed)
Investors: Friends and Family
Business Model: Placement fee + transaction fees
Other players:
Background check
What we like:
Student-centric: Most hiring platforms in Latin America are focused on Mid and Senior-level professionals, leaving students and graduates with limited opportunities. Bond fills that gap, assisting in CV crafting and SAT preparation and guiding them through fiscal obligations.
Traction: According to the founders, over 100 companies have summited job openings through their platform and have assisted hundreds of students and recent graduates in starting their careers.
Partnerships: Founders invested significant time in adding value to universities. More than 10 of Mexico’s top universities recommend Bond to their students, helping them discover their next career steps and opportunities.
Companies: Companies hesitate to hire interns and recent graduates as future role fit is uncertain, and adding new associates to their payroll is complex and expensive. Bond’s payment solution helps companies work with them as independent contractors while mitigating misclassification risk.
Sourcing: In recent years, the rise of remote work has paved the way for many companies to work with offshore talent. Bond's extensive network of universities is full of exceptional young talent, drawing the attention of US-based companies incentivized to hire in Mexico, decreasing labor costs.
Roadblocks:
Opportunities: For Bond to succeed, they must continue to have promising job opportunities. This means adding value to current companies so they don't leave their platform and attracting new companies to seek their talent.
Trends: Since Bond only targets students and recent graduates, most users should come in January or August, when students graduate or enter school. During other months, platform activity may decrease.
Volume: Their business model relies on a heavy volume of users and businesses since they operate on thin margins. The team must develop new revenue streams to be more comfortable in downtimes. Bond usage is also influenced by economic conditions; during crises or periods of high inflation, hiring and usage may decrease.
Misuse: Many Mexican businesses seek tax evasion strategies. Bond's platform could unintentionally aid company employees to reduce tax and benefits costs. Bond works closely with partner companies to ensure compliance, staying mission-focused and aligned with law requirements.
The Architects
Juan Elizondo, Co-founder & CEO. Previously @ Agnes Everywear.
Fernanda Lozano, Co-founder & CPO. Previously @ Kinedu.
Request intro with founders by sending an email to gabriel@readrunway.com
Together with Atomic 32:
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Atomic32 is a software development company specializing in transforming ideas into digital solutions and modernizing companies to compete in the digital world.
Atomic32's approach is threefold: Strategy + Creativity + Technology. Whether you are looking for a tech assessment, software development, legacy modernization, tech strategy consulting, UI/UX Design, or even to create new digital businesses, Atomic32 has you covered.
With a track record of impacting over 5 million users and transforming over +20 enterprises, Atomic32 has solidified its position as an industry leader, guiding its customers through their tech journey.
Reach out to Gerardo Aranda Claussen, CEO, gerardo.aranda@atomic32.com, https://calendly.com/garanda, to accompany you and your team in your tech evolution to help you reach your strategic goals.
Headlines Corner
Yooga, a Brazilian restaurant operations system startup, just secured $2.3M USD (Tech Crunch)
Wareclouds, a Chilean logistics startup, raised $2M USD to expand to Brazil and Mexico. (Whitepaper)
WeShip launched WeShip Track- a post-shipment enterprise solution software for e-commerce. (WeShip)
Founders Bookmarks
The best tools and resources we came across this week.
OpenAI founder Sam Altman on the principles needed to be successful.
Whitepaper on the common traits investors look on startups in Mexico.
Learn about the VC and startup ecosystem in LatAm through X.