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SOURCE 10x Management
Managing more than 80 of the world's top tech freelancers, 10x emerges as the go-to resource for corporate America
NEW YORK, Sept. 12, 2013 /PRNewswire/ -- 10x Management applies the Hollywood talent agency model to Silicon Valley: it scouts the top freelance tech superstars, connects them with companies that need the finest and most impressive talent, and manages every aspect of their careers along the way. Over the past year, 10x has grown considerably and now represents over 80 cream-of-the-crop freelancers, including developers, designers, and UX specialists. In just the last four months, 10x has quadrupled its talent pool.
10x's talent roster includes the creators of web and mobile apps used by millions of people, and its customer base--companies in need of tech talent--ranges from early-stage startups to multinational Fortune 500 corporations to governmental organizations.
But despite its rapid growth, 10x Management maintains the highest bar for its talent: so far, fewer than 5% of applicants have made it through its vetting process.
"Our company lives or dies by the quality of our talent, and the quality of our service," says 10x co-founder Michael Solomon. "We screen not just for technical prowess--that's a given--but also for stellar communication skills, professionalism, and overall business acumen."
Because of its unique model, 10x is also able to offer a broad array of highly specialized skills beyond web and mobile development, covering the gamut of technologies from data science, bioinformatics, and game development to financial modeling and hardware/embedded systems.
The 10x talent pool now includes such luminaries as the former CTO of the Bank of England, a founder of XIV (acquired by IBM for $300M), and the lead developer of Django, a popular open-source project that powers numerous high-profile websites like Pinterest and Instagram. And as 10x's roster grows, so does the breadth of its talent offerings.
"We represent someone who specializes solely in making databases run faster--50% faster or it's free," explains 10x co-founder Altay Guvench. "Another 10xer found a niche by taking old, crusty PHP codebases--we're talking web applications that serve a critical function but haven't been touched in a decade--and reworking them into readable, extensible, documented software."
With companies struggling to stay nimble in an ever-expanding technological landscape, these lightweight employment arrangements enable them to bring on specialists as needed. Additionally, companies can scale their workforces without the overhead of extensive searching, interviewing and HR.
"Companies come to us not only when they have a specialized need that their existing staff can't handle, but also when they simply need to augment their team," says co-founder Rishon Blumberg. "We can help the Fortune 100 with their data visualization needs just as easily as we can help a startup find product-market fit."
The strategic use of freelancers is quickly becoming a popular alternative to traditional full-time hiring. Entrepreneurs and venture capital firms are increasingly finding it to be more cost-effective to bring on vetted contractors to accelerate product development rather than burning through cash while searching for the elusive perfect-fit full-time employees.
Richard Price, Founder/CEO of Academia.edu, concurs, "Normally it takes months to find and hire a really good engineer. 10x Management has allowed us to bring on really strong engineers at a moment's notice."
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