Many investment firms try to hire professionals to work full time permanently for a project that requires short-term hire. This has led to the decrease in revenue for investment firms. GoBuySide, a recruitment platform founded by Arjun Kapur, uses strategies of short-term hiring to find professionals that can help investment firms with a short project in need of completion. In addition, GoBuySide has found that professionals in the investment industry prefer short-term positions, instead of long-term permanent job positions. This also helps reduce recruitment cost leading to an increase in revenue, and easier recruitment process leading to more positions being filled.
In continuation, as the investment market becomes riskier and volatile, investment firms require quick response to secure the holdings of their clients. Many investment firms, however, fail to secure these investment holdings due to not being able to recruit fresh talent with specialized skills. GoBuySide uses social network such as LinkedIn, to heavily screen candidates in New York City that excel at their investment firms, and can use their skills under pressure. This helps investment firms not go through catastrophic losses, and to prevent losses thus increasing profits due to an increase in clients. Furthermore, GoBuySide has help recruit professionals using experts in the investment industry, which have the talents to recruit professionals who have a high skill set in their industry.
Arjun Kapur is very talented in the field of business administration, and business recruiting, which is shown from his graduation from Standford University School of Business with a Master of Arts in business administration. Arjun Kapur also graduated from John Hopkins School of Business. Arjun Kapur founded GoBuySide in New York City as a way of simplifying the recruitment platform for many financial firms. The clients of GoBuySide range from over 400 clients in 52 cities and 16 countries world, which include Fortune 500 companies, private equity firms, and investment firms. Arjun Kapur believes that GoBuySide necessity for modern technology is due to the change in the volatile job market.