Company description
Turbo140 is the leading website to help people find and source micro-jobs - which include anything from Spanish tutoring to helping a neighbor move a fridge. Using the full power of the web, including your social media networks, Turbo140 makes it easy to find people to do your work or make a little extra money.
Many of us need a little help getting all of our work done. As individuals, we don't like taking down holiday decorations. As businesses, we wonder if we're over paying for a service that someone may be willing to provide at significantly less cost. And as non-profit organizations, we're constantly in search of willing participants and volunteers. At Turbo140, we bring the masses together and facilitate a posting and bidding service that finds you the right person at the right price.
Team
- Jonathan Hegranes, CFA – Chief Executive Officer
- Jonathan has worked with companies of all stages from mature/public to angel/venture. His prior work experience includes hedge funds, private-company valuation, consulting, and strategic business development. He worked in LA and San Francisco, with such companies as the World Poker Tour and Digg.
- Jonathan has specific experience with digital media, online gaming, and internet content, with prior deal experience in the U.S., Canada, Europe, and China.
- At least before dropping out, Jonathan was an MBA candidate at the #1 global ranked Thunderbird School of Global Management. He is a recipient of the Provost Global Entrepreneurship Scholarship and winner of the 2010 Walker Center Business Plan Competition.
- Jonathan earned his BBA in Finance at Texas Christian University. He is a CFA Charterholder, and member of the CFA Society of San Francisco.
- Jonathan’s primary role will be strategic planning and executive management in the implementation and execution of Turbo140.
- Dorian Collier – Founder and Chief Web Officer
- Dorian is an experienced web-developer and entrepreneur. Through his existing companies and operations, Dorian has access to a highly-innovative team of web developers who will help enable Turbo140 to launch and evolve in a cost-effective and innovative manner.
- Dorian is a graduate of Cogswell Polytechnical College, with a major in graphic design and computer video imaging.
- Dorian has web interface, database design and enterprise architecture experience in C#, VB.NET, ASP, ASP.NET, and SQL Server.
- Dorian’s primary focus regarding operations will consist of website development, IT infrastructure planning, and related project management.
- Russell Malixi – VP of Social Media
- Russell has start-up and mature company experience, with an emphasis on mobile and social operations, as well as project management at companies including Universal Music Group, Twistbox Entertainment Group, and NBC Universal.
- Russell is a graduate of the University of Texas at Austin, earning a BBA in Management Information Systems.
- Russell will oversee the marketing operations related to Turbo140’s social network strategies and project management of Turbo140’s marketing campaigns.
Business model
Turbo140’s customer-base is bifurcated, composed of users (including businesses and consumers) who represent the “ask” (requesting service at a specified price) and those who represent the “bid” (proposing service at a specified cost). Turbo140 will address the needs of both segments, while also generating returns for the company’s stakeholders.
- Value is created for the “ask” in that this user base is able to outsource work to be completed by others at less time and/or expense than would have been otherwise spent by doing the job or finding alternative means through less efficient processes.
- Value is created for the “bid” in that this user base is able to find gigs and generate cash flow with a simplified and dynamic user experience that reduces the time and expense of finding such micro-job opportunities.
- Finally, Turbo140 captures value by monetizing user traffic and transactions through creative features that enhance the marketplace dynamics.
Competitive advantage
Turbo140's two key advantages include market pricing and transparency. Up to this point, the so-called marketplace for services involves a digitized yellow-pages and non-competitive pricing. At Turbo140, users are aware of other users and their bids, and thus must compete for your gig. Additionally, by layering our service with transparency (included detailed profiles of who posted the gig and who is bidding), we enable providers to bid competitively and users who post gigs to select the best value - not merely the lowest price.