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An internal survey by the company found that a third of VMware workers wanted to work remotely for good and that almost two-thirds wanted flexible, hybrid work. VMware isn't the only one. Their solutions enable organizations to aggregate multiple servers, storage infrastructure and networks together into shared pools of capacity that can be allocated dynamically, securely and reliably to applications as needed, increasing hardware utilization and reducing spending.

They have expanded their offering with virtual infrastructure automation and management products to address distributed and heterogeneous infrastructure challenges such as system recoverability and reliability, backup and recovery, resource provisioning and management, capacity and performance management and desktop security.

They derive a significant majority of their revenues from their indirect sales channel that include distributors, resellers, x86 system vendors and systems integrators. We Need Your Support! Close Window. Spikes knew that much, and had heard that the assets had been put up for auction and hadn't found a buyer. And if so, how much? He figured someone else must be willing to bid, whether it was another entrepreneur or a theater chain just looking to put the idea out of play for good.

On Nov. The bidding period was over, and nobody had complained about his bid or registered one of their own. A few days later, he got another call saying a judge had signed off on the whole thing.

Spikes immediately wired the money to the court. He couldn't believe it had worked. But a few signatures and counter-signatures later, by Wednesday, MoviePass was his again. It's part of his company, PreShow, which builds interactive advertising tech.

Stacy Spikes, the former and current founder of MoviePass. Photo: PreShow. Now Spikes has something founders rarely get: a do-over. A chance to take his idea — which he still thinks is right, and one that movie theaters have embraced in recent years as they've rolled out subscription services of their own — and do it right this time. MoviePass data showed that subscribers did go to more movies, and they did spend more money on concessions and the like when they were there.

In a way, his timing couldn't be better. After the pandemic decimated the theater business while simultaneously making streaming the default entertainment choice for millions of viewers, chains and small theaters alike are done holding onto the vestiges of the past and eagerly embracing anything that looks like the future.

AMC embraced its status as a meme stock, went all-in on crypto, is planning to sell its popcorn in stores, and has invested in its own subscription service, AMC Stubs A-List. Other chains haven't embraced the zeitgeist quite so aggressively, but have spent the last few years upgrading theaters with nicer seats and better screens, and investing in subscription services of their own. So what will the next MoviePass look like? Spikes isn't sure. He's planning to launch in , and to spend the interim months talking to users, theater owners, movie makers, everyone involved in the industry, to get a sense of what they need and how MoviePass can help.

MoviePass initially embraced its renegade status, helping people get around theater policies and systems, but Spikes wants to be a good partner this time. He's particularly focused on smaller theater chains and even individual arthouse cinemas, which don't have the resources to do subscriptions of their own.

And in a time when the main competitor to theaters is streaming services and the 4K TV downstairs, anything that gets people out of the house might be a win. What Spikes does know is that MoviePass should still be a consumer product, and that the price is everything. MoviePass didn't die because it was a bad idea; it died because "10 bucks a month for all the movies you can watch" is such a ludicrously good deal that some MoviePass users were buying movie tickets just to go to the bathroom in the theater.

That was what he cared about more than a decade ago, and what he cares about now. The future of MoviePass, it appears, is substantially less wild than the past. And probably a little more expensive.

But in this increasingly everything-as-a-service world, MoviePass might make more sense than ever. And its original creator has a chance to make it work. Recruitment startups aim to help tech companies access a more diverse candidate pool and help students access opportunities they wouldn't have had otherwise.

The recruitment tool companies are all in on helping Gen Z find jobs, and making the process more fair than it was for their parents. She's a recent graduate of the University of Michigan, where she studied sociology and international studies. She served as editor in chief of The Michigan Daily, her school's independent newspaper.

She's based in D. Jordan Brammer, a senior at New York University, said he used to apply to finance jobs through a mishmash of networks, like LinkedIn and Google. But after being ghosted by one too many employers, he realized he needed a better recruitment tool. He eventually stumbled across HIVE Diversity, a network connecting students and companies who might not have found each other otherwise.

Professional networking sites have been around for a while. LinkedIn, the dominant career development site, launched in But startups like HIVE have popped up relatively recently targeting young job seekers and claiming to tackle the access problem. In , after finding themselves shut out of Silicon Valley jobs, three students at Michigan Technical University launched Handshake to create a more-equal playing field for students looking for job opportunities. Even TikTok wants to help young people find jobs — the platform launched TikTok video resumes in July.

The companies are all in on helping Generation Z find jobs, and making the process more fair than it was for their parents. Those are things that are within your control. Hiring is a painful, belabored process both for the people desperate for jobs and for the places that want to hire them.

Big tech companies constantly look for ways to optimize their recruitment strategies. As Facebook's engineering hiring crisis , Google's brutal recruitment process and a fake resume that garnered top tech interviews show, the system is often broken. And for young people breaking into the job market, there's the age-old issue of access. It often feels to them like they're sending your resume into the void. And if a candidate didn't attend a top school or doesn't have a "white-sounding" name , or if the candidate doesn't look or sound like other people who work at the company, recruiters may be biased against hiring the person.

The pandemic hastened the shift to primarily virtual recruitment, and to a greater reliance on these tools. Gone are the days of crowded in-person career fairs, or flying out candidates for stressful interview processes. Instead, companies and students turned to networks like Handshake, often aided by universities. For young people, it may be changing for the better.

Rembrand Koning, a Harvard Business School professor in the strategy unit, studies the rise of outbound recruitment in companies' hiring strategies. He became interested in the topic after realizing that most of the famous hiring bias studies looked at people sending their resumes to companies.

We're increasingly seeing people getting poached," Koning said. The percentage increases when it comes to Silicon Valley workers, high-skilled workers and workers with LinkedIn profiles. The study looks at currently employed people, but Koning is working on another paper about how this change affects people entering the workforce.

How do recruiters evaluate young people with little work experience? As student recruitment networks grow in popularity, Koning said his biggest concern is ensuring that people are equally represented on the platforms. The makers of these tools want to host as many students from as many backgrounds as possible on their platforms; it's essential to their business pitch, and it's something they think about constantly.

The goal is to help companies access a diverse candidate pool and help students access opportunities they wouldn't have had otherwise. Without a strong user base, neither of those things can happen. Digital recruitment networks can broaden choices on both the student and company sides of hiring. The search is easier when everyone is in the same digital space and can search by category for the jobs and candidates relevant to them. Ariel Lopez, CEO of hiring platform Knac, said he believes strongly in the democratization of the recruitment process.

But we also care about the people that are in your pipelines. They're more than just a resume. They're humans. Lopez began her career helping brands and startups with recruitment. She went on to found Knac, which helps companies manage and give feedback to candidates in their application pipeline.

Nicola Acutt, a nearly year VMware veteran and vice president of sustainability strategy in the office of the chief technology officer, was named vice president of Environmental, Social and Governance. The diversity goals build on VMware's benchmark, which was to ensure that all interview slates have at least one woman or underrepresented minority. All leaders — vice presidents and above — were also instructed to improve the representation of women globally and of underrepresented minorities in the U.

Hiring more women and minorities is a common goal in the tech industry. Men make up This year Shares of VMware closed 0.



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