10 questions to our angel investor

Why Thomas Kusatz invested in skillster

1) Mr. Kusatz, you have recently decided to make your first business angel investment. Why did you do that?

From my own experience, I know how difficult it is to start a business. What's always missing is sufficient funding, and that's where I wanted to get involved. I think it's exciting to accompany the development of a young, dynamic company like skillster from the beginning. 

2) How did you hear about skillster - Matchpoint for Careers?

skillster was introduced to me by an international consultancy and I was immediately impressed by the concept and perspectives of the business model.

3) What was the first thing that convinced you about skillster? What do you think: In what way does skillster set itself apart from other HR matching and video application providers?

From my own job, I know how time-consuming and labour-intensive the search for suitable employees is. I would have liked to see digital personnel recruiting much earlier - a new way of thinking about personnel recruiting that allows an active search by companies and considerable time saving through video applications.

4) What problems did you experience frequently regarding personnel recruitment in your time as managing director?

It usually started with the job posting which is very expensive on today's portals and often doesn't result in applications. After that, the sorting of applications was often nothing more than a review of CVs, and you could only get a first impression at the first personal meeting. That was always very time-consuming and inefficient.

5) Do you think skillster can solve these problems for companies? 

I think that the concept of "active talent recruiting" by skillster is very well accepted. The search function with a matching of suitable applicants provides good ideas for the solution of many of today's inefficiencies. 

6) How did you experience Generation Y in the application process and where can skillster help with the noticeable difficulties of recruiting staff in this age group? 

The young generation of 25-35-year-olds is very heterogeneous and was harder to reach for us than applicants with a lot of work experience. The stronger focus on meaningful work and a stronger desire for  a work-life balance makes recruiting much more difficult. The active search for applicants provides relief because the effort to find an applicant is relocated to the company and then applicants can receive suitable job offers. 

7) What is your opinion: To what extent does an employee's career in a company depend on personality and corporate culture? What would be your advice to companies and applicants? 

The two factors have significant influence. The more comfortable employees feel in their work environment apart from their professional tasks, the more likely a long-term work relationship becomes. A change of employees always leads to a (short-term) loss of knowledge and costs in personnel recruiting for companies. The ability to create personal and cultural matches thus does not only lead to positive effects in the near term.

8) You yourself were a very successful entrepreneur. What advice do you have for those responsible at skillster to grow successfully?

I think it depends on a certain perseverance, one should not be easily deterred and simply needs to stick with certain things. Of course, one also always needs a good deal of luck to be successful. Personally, I also find the saying "there's a time for everything" quite fitting. Sometimes you just have to wait and things will solve themselves or happen on their own. In my view, Ms. Groiß and her team possess all the qualities necessary to make their business successful.

9) Angel investors have the advantage of getting actively involved in corporate development. Where do you see your contribution?

I see myself as a coach for the management. My experience in founding and building my business is very important particularly at the beginning. In any case, I also try to help where I can with the help of my network. I can also support skillster's success by providing feedback regarding future plans and projects in the company structure's various areas.

10) What do you expect from your investment in skillster?

I expect to be part of the exciting development of a new company and, of course, to participate in the performance of skillster.

more about Thomas Kusatz