Thumbtack

New Ventures Manager - Business Development

United States

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, Home Services, MarketplaceIndustries

Requirements

Candidates must have over 5 years of experience in partnerships, business development, strategy, or management consulting. Experience in setting and achieving revenue goals is also required.

Responsibilities

The New Ventures Manager will act as a General Manager for new ventures, developing strategy, setting OKRs and KPIs, and managing execution. They will source and develop new partners, project manage initiatives, identify requirements for standing up and scaling new ventures, and lead cross-functional teams to develop and test initiatives. The role also involves partnering with product and engineering teams to inform the product roadmap and traveling for internal meetings, partners, and conferences.

Skills

Business Development
Strategic Partnerships
Marketplace Growth
Product Strategy
Cross-functional Collaboration
New Ventures
Incubation
Execution
Vertical Expansion
Product Development

Thumbtack

Online marketplace connecting consumers with local professionals

About Thumbtack

Thumbtack connects consumers with local professionals for various services through its online marketplace. Users can find professionals like plumbers, electricians, and landscapers by searching the platform, comparing prices, reading reviews, and booking services directly. The platform offers cost estimates based on numerous bids from professionals, helping consumers understand potential service costs. Thumbtack generates revenue by charging professionals for leads, which are inquiries made by customers through the site. This model allows Thumbtack to serve a wide range of customers across the U.S., making it easier for them to find and hire local service providers.

San Francisco, CaliforniaHeadquarters
2008Year Founded
$680.3MTotal Funding
DEBTCompany Stage
Consumer Software, Consumer GoodsIndustries
1,001-5,000Employees

Benefits

Remote Work Options
Paid Holidays
Phone/Internet Stipend
Mental Health Support

Risks

Increased competition from OfferUp could dilute Thumbtack's market share.
Dependency on RentRedi partnership may risk customer acquisition dynamics.
Reliance on external funding could be risky if market conditions change.

Differentiation

Thumbtack connects users with 300,000 local service businesses across the U.S.
The platform offers personalized guidance and cost estimates for various home services.
Thumbtack charges professionals for leads, ensuring a straightforward revenue model.

Upsides

Partnership with OfferUp expands market reach and customer base.
$75 million financing boosts technology investment and service expansion.
Experienced leaders enhance legal and user research capabilities, improving trust and experience.

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