Helping People Pays -Indeed!

Indeed Founders Continue Helping Others Through Scholarship 

American, Rony Kahan, and Brit, Paul Forster first met, way back in 1994. Now in 1994, the Internet itself was a start-up.!  Rony and Paul were MBA students at INSEAD a small university in Europe that only had one campus at that time. Do you remember what the world was like in 1994?

A few years later, Rony and Paul reconnected in Washington DC, where they started brainstorming new business ideas. Finally, four years after graduating they started their first business, jobsinthemoney, a job site for financial professionals. In 2004, they started helping people find jobs through a little website called Indeed.

See the latest Interactive Web at Corporation Wiki

Helping Others Builds Indeed

By 2012, Indeed, was the Google of jobs! How did it grow?

 “We became the world’s leading job site by putting job seekers’ interests first and providing the best possible job search experience in every market.”  Rony Kahan

 Indeed is definitely a great example of how helping others can really pay off! 

When Rony and Paul sold Indeed for a very, very, large sum of money Rony stayed on as Chairman.. and the two of them along with Indeed founded a very special MBA scholarship aimed at people who are not your typical MBA applicant. Here is some information from the Scholarship page:

INSEAD Indeed Endowed Scholarship 

Description: The Indeed Endowed Scholarship aims to encourage and help those from atypical backgrounds ...  The scholarship has been established by Indeed, the world’s leading job site, and its founders Paul Forster and Rony Kahan, ...  The scholarship supports students with backgrounds that are not typical of the majority of MBA entrants, both within business, such as entrepreneurial ventures and outside business, such as public sector, non-profit, academic, media and creative professions.

Eligibility: To be considered for the Scholarship, candidates will have made an outstanding impact and must demonstrate: • an atypical business or non-business background • creativity, innovation and/or entrepreneurial talent. Priority will be given to highly qualified candidates with financial need. 

This scholarship is worth about 20,000 Euros!

To find out more about the Indeed Endowed Scholarship,  go to https://sites.insead.edu/schlmgmt/dsp_schl_info.cfm?schlcode=IND

May this post bring you and your family some encouragement today,

Su

Sources:

• The Indeed Scholarship: A Success Story with Many Winners | INSEAD Alumni Magazine
• About Indeed
• Indeed, Inc. in Stamford CT - Company Profile (corporationwiki.com)
• Indeed, An Almost Entirely Bootstrapped Job Search Giant, Gets A Monster Exit - Business Insider