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Levels.fyi

Salary data plus flat-fee negotiation-as-a-service

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Idea

Levels.fyi monetizes salary data with negotiation-as-a-service for a flat $500

Levels.fyi gets ~1.5M visits/month off crowdsourced tech-salary data, then sells 'negotiation as a service': for a flat ~$500-600 fee, ex-recruiters negotiate your offer, with case studies of clients getting $10k-$40k more. Shaan suggests the model could be exported to any vertical — hedge funds, nursing, consulting.

“And then they basically say, hey, if you pay us $500, we'll negotiate your offer for you. We have former recruiters from these companies that freelance with us. And basically you book a time, you talk about your offer and how you're feeling about it and what you, what you really want out of this. And then we'll negotiate for you. And they show all these like success stories of like, this person at Facebook got $20,000 more than their offer.”

Steal thisPair crowdsourced comp data with a flat-fee negotiation service, then clone the model for an under-served vertical.

EP 157 · 32:14 · SAM
Read at 32:14
mfmindex.com№ 0157-1934
Idea

Levels.fyi: crowdsourced comp data as a simple, defensible product

Shaan highlights levels.fyi, built by a remote-work champion (LevelsIO), where employees anonymously submit role, level, base, stock and city, creating an increasingly reliable comp dataset that is the best way to know if you're underpaid or what you'd make elsewhere.

“So it's this dataset of people anonymously putting in their compensation, and the dataset gets richer and richer. So it's actually a fairly reliable resource to say, oh, you know, should I go work at Facebook or Google? I think I'm this level. I can see the pay difference between the two.”

Steal thisCrowdsource a proprietary dataset in a domain where companies keep people in the dark; each submission makes it more valuable and harder to copy.

EP 42 · 30:55 · SHAAN
Read at 30:55
mfmindex.com№ 0042-1855