Matt Wilkerson’s Post

Feels like we just hit “product-moment fit.” Call it a subset of product-market fit: when the tectonic plates of society shift and suddenly align with your mission. ✅ At Extern, I think we’re there. After years of highs and lows, pivots and near-death experiences, the forces reshaping how young people enter careers have intensified in ways that make our work essential. ⚠️ There’s one problem we're after: How do we help students prove themselves when traditional doors are closing?🚪 Over the last year or two, I've watched these forces accelerate: 📉 The collapse of the traditional internship pipeline - HR leaders are cutting intern budgets and eliminating structured programs. When I started Extern, this was a hunch. Now it's in the data. 🤖 AI is making "almost ready" no longer enough - Each week I talk with students who applied to 200+ jobs without a response. Companies don't want potential; they want proof. 📜 The credential crisis - I remember when I needed an internship during college that got canceled over the holidays, derailing my winter plans. Today's students face this at scale – paying more than ever for degrees while watching opportunities vanish. ↔️ The widening gap between education and employability - The stats showing recent grads with higher unemployment than the general population isn't just a number to me – it's the anxiety I hear in every student conversation. We didn't create these forces, but we've spent years building for them, sometimes struggling to explain the urgency of our mission. Now the world has caught up. 🏃♀️ The question isn't whether this moment is real. It's whether we can build and scale fast enough to meet it. #collegegradcrisis #employabilitycrisis #credentialcrisis #externships #internships

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Students and recent grads feel this; even early career professionals feel this. In talking to students and young professionals, I hear their stories and challenges that really resonate with what you're saying. It's unfortunate but just shows how much of a need there is to create other sources of opportunity for those individuals.

Hi Matt Wilkerson. Thank you for your work at Extern I had my first externship in 2023 with Thematic because of extern and it opened me up to the professional world.

Amazing! I love seeing all the students who’s lives change cause of Extern just like mine

Great to see you the other day and congrats on the progress!

There’s a growing crisis making it harder on young talent, the next generation of leaders, to get their foot in the door on their career. What an important problem to solve for!

Excited to see people investing in early career professionals. It’s so easy to assume that what we experienced is still possible for those who come after us, but young employees’ experience today is so different than it was even ten years ago. Hoping that more people will recognize the need to help students in this way :)

You’ve been doing such good work for so long, v inspiring bud!

We are seeing the same trends. Working to help global students working on African challenges too

Such great framing - the new PMF!

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