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Full-Time

Head of Product

Employer Services

Updated on 9/4/2024

Pursuit

Pursuit

51-200 employees

Bridges underserved communities to tech careers

Consulting
Education

Compensation Overview

$180k - $230kAnnually

+ Incentive Compensation

Expert

Long Island City, Queens, NY, USA

Category
Product Management
Product
Required Skills
Sales
Blockchain
Requirements
  • 12+ years working in a variety of commercial entities with demonstrated ability to develop and execute product strategies focused on delivering value to customers and driving growth.
  • Strong understanding of business principles, including market-centric and employer-centric approaches, pricing structures, and revenue generation.
  • Experience driving product strategy within startup settings to achieve precise product-market alignment.
  • Strategic thinker with ability to develop models and roadmaps to navigate ambiguity.
  • Proven track record of effectively engaging and building relationships with internal and external stakeholders to generate buy-in and support for strategic initiatives.
  • Experience across various industries and employer types, with an understanding of factors influencing decision-making.
  • Ability to balance short-term outcomes management with long-term strategic and abstract planning.
  • Ability to work independently, navigate ambiguity, and contribute to a new function with a “roll up your sleeves” attitude.
  • Excitement about Pursuit’s mission and leveraging product and business strategies for social impact and to change traditional hiring models.
Responsibilities
  • Define the Employer Services products, their naming conventions and their value propositions for all stakeholders, including employers, investors, learners, etc.
  • Design a pricing model that fuels revenue growth in line with market demand and product positioning.
  • Develop and generate buy-in with internal and external stakeholders for a long term strategic direction of the Employer Services product.
  • Lead the strategic roadmap to position Employer Services for scale, including expansion beyond the Pursuit Fellowship (perhaps by including other employees or their hiring managers).
  • Design the end-to-end customer/learner experiences.
  • Build strategy around the tools and platforms needed to enable stakeholders to effectively manage workflows both internally and externally.
  • Drive the product/service as a registered apprenticeship to enable business goals around funding, legislation, and enterprise sales.
  • Develop specialized tracks of the product for companies (e.g. Cybersecurity, Web3, AI) to achieve industry-specific product market fit and foster strong partnerships that position Pursuit as leaders in the space.

Pursuit focuses on connecting underserved communities with opportunities in the technology sector. It offers a Fellowship program in New York City that provides one year of intensive training in technical and professional skills, followed by three years of career support. This program is unique because it does not require any upfront costs from participants, making it accessible to those who may not afford traditional education. Pursuit also assists employers through its Pursuit Commit program, which helps companies hire and retain engineers from diverse backgrounds by providing ongoing support and training. The company generates revenue through partnerships with employers and is exploring innovative funding options to support its programs. Pursuit aims to significantly increase the income of its Fellows, contributing to individual and community development.

Company Stage

Seed

Total Funding

$11.8M

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

22%

1 year growth

4%

2 year growth

22%
Simplify Jobs

Simplify's Take

What believers are saying

  • Pursuit Fellows experience an average 400% increase in income, significantly transforming their financial stability and quality of life.
  • The company's partnerships with leading firms like Ballistic Ventures and Macquarie Group Foundation enhance its credibility and expand its impact.
  • Pursuit's model of no upfront costs and pay-after-employment reduces financial risk for participants, making it an attractive option for career changers.

What critics are saying

  • The intensive nature of the Fellowship program may be challenging for some participants, potentially leading to high dropout rates.
  • Reliance on employer partnerships for revenue could be risky if economic downturns affect hiring budgets.

What makes Pursuit unique

  • Pursuit's Fellowship program requires no upfront costs, making it accessible to individuals from underserved communities who might not afford traditional education pathways.
  • The company offers a unique three-year on-the-job support and career development program, ensuring long-term success for its Fellows.
  • Pursuit's innovative financing options, such as leveraging the municipal bond market, set it apart from other workforce development programs.