Podcast – How One Startup Is Solving a Major HR Challenge

The winner of Penn Wharton Entrepreneurship’s first ‘Startup Challenge’ is Twine, an HR startup that uses algorithms to find the best internal candidates to fill a company’s open positions to boost employee retention and reduce the cost of new hires.

Founders Joseph Quan and Nikhil Srivastava, Wharton MBA students from the class of 2017, won in a field of 29 semifinalists after making their pitch to alumni and others to compete for funding, services and support. They received a grand prize of $30,000 plus $15,000 worth of legal, accounting and strategy services. Twine also is a member of the university’s VIP-Xcelerate, a 4-month startup incubator program.

Full Story: http://knowledge.wharton.upenn.edu/article/how-one-startup-is-solving-a-major-hr-challenge/