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YC
Y Combinator Cast
06/20/14
@ Y Combinator
Salary Fairy helps users understand their market value by crowd-sourcing salary predictions.
Video
YC
Office Hours at Startup School NY 2014
@ Y Combinator
06/20/14
Related Takeaways
YC
Y Combinator Cast
06/20/14
@ Y Combinator
Users have reported that Salary Fairy's salary predictions have given them the confidence to ask for higher salaries.
YC
Y Combinator Cast
06/20/14
@ Y Combinator
To create a more efficient job market, Salary Fairy aims to price salaries accurately, similar to how the stock market operates.
YC
Y Combinator Cast
06/20/14
@ Y Combinator
As Salary Fairy grows, the goal is to refine predictions by dividing users into more specific categories, such as companies and years of experience.
YC
Y Combinator Cast
06/20/14
@ Y Combinator
Crowd prediction is a promising concept for Salary Fairy, and the team is optimistic about its potential.
YC
Y Combinator Cast
06/20/14
@ Y Combinator
Salary Fairy has 9,000 users and is experiencing a weekly growth rate of 10%.
YC
Y Combinator Cast
06/20/14
@ Y Combinator
Users return to Salary Fairy either to check their salary predictions or to make new predictions, as they earn scores for better predictions.
YC
Y Combinator Cast
06/20/14
@ Y Combinator
Currently, users primarily use Salary Fairy out of curiosity rather than for salary negotiations.
YC
Y Combinator Cast
06/20/14
@ Y Combinator
To validate salary predictions, users need to find jobs that pay the predicted amounts, as market conditions can change.
YC
Y Combinator Cast
06/20/14
@ Y Combinator
Salary Fairy is currently acquiring users through platforms like Hacker News, Reddit, and Product Hunt, but needs to ensure long-term growth strategies.