In much the same way that many people turn to the internet to find love, entertainment or just pictures of cats dressed in funny things, the world of job hunting is increasingly digital. It makes sense – you can search by profession, area, salary range etc. and saves a lot of time trawling through job ads that you have no chance of ever getting or never even wanted in the first place. If they’re so good then, why won’t we fund them?
Job search and job matching platforms have a lot to offer both employers and potential employees. That makes it a lucrative market ripe for tech savvy entrepreneurs. These platforms, then, should be commercially viable and so shouldn’t need charitable funding. What’s more, there are lots of online job search platforms and picking a winner is often incredibly hard to do – especially without a detailed understanding of the nature of the competition. Put simply, this is not a field in which we have sufficient information or experience to be able to make truly informed decisions. And if we can’t be reasonably sure that we’re making a wise decision, it’s probably best to leave it to the expert commercial investors who spend day in, day out looking for investment opportunities.
Of course, we’re not saying that we see no value in these sorts of services. Clearly, increasing employment and helping people find jobs is hugely valuable and a great service. That being said, it’s much easier – from a financial perspective – to keep something like that up and running than it is to ensure a corruption reporting mechanism remains viable in the long term. We see greatest value in supporting those projects pursuing the public good, which the market is unable or unwilling to provide for.