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Introduction of 2021 Global Young Entrepreneur Star – Jack Wu

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上架日:2022/09/21
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2022/09/21

Jack Wu is the Co-Founder & COO of MVP Fastlane, a venture studio that not only helps early-stage startups design their product-market fit but also guides funded startups to build cross-border teams. Together with co-founder Ti-Wen Lin, Jack launched Worca, a global HR platform that has revolutionized the global payroll industry. Today, Worca is a full-service HR solution SaaS startup with a valuation of 12 million U.S. dollars.

In one notable success, Jack helped a client launch their product within 6 months, gain acceptance into the TechStars accelerator, and raise $1.5M in angel financing. Another client partnered with Jack to build a cross-border team that was eventually acquired by PayPal for $4B.

Before MVP Fastlane, Jack was an engineer at Intel. He earned his Master's degree in Computer Engineering from Texas A&M University in 2015 and his Bachelor's degree in Electrical and Electronics Engineering from NCTU in Taiwan.

With deep roots and influential connections with Taiwanese academia and government sectors, Jack was President of the Taiwanese American Junior Chamber of Commerce Northern California (TAJCCNC), President of the Taiwanese Junior Chambers of Commerce North America (TJCCNA), and Vice President of the World Taiwanese Chambers of Commerce Junior Chapter (WTCCJC).

Jack is committed to empowering entrepreneurs to scale up their businesses with access to a global talent pool and a streamlined HR process. When the world entered the new work-from-home trend because of the 2020 pandemic, Jack and co-founder Tiwen Lin saw a unique remote work opportunity. They saw the potential of Southeast Asia talents with exceptional technical skills and positive work ethic.

In 2021, Worca was born with the simple goal of empowering tech startups. As a result, Worca's has flourished in a wide range of industries by offering our clients complete flexibility, measurable results, and one-stop services for rapid onboarding and Payroll solutions.

When top-tier engineers seek career advancement, Worca is often the first one they reach out to. 96% of their recruits stay for over a year. Through years of partnership, they trust Worca can offer exclusive and exciting global job opportunities through their expanding network.

By analyzing the proprietary data to match the needs of a company, Worca can create teams that fit perfectly into the growth plans of any business. The Worca team is motivated by a desire to bring together people with the same vision and passion.

For example, Worca recently helped a large U.S. tech company build a sizable product team in Taiwan in advance of an IPO. The company was working with a tight budget and strict timeline. Worca's team of experts quickly reached out to its network of recent and soon-to-be engineering graduates from top schools and experienced engineers looking for professional advancement or a change of scenery. Worca was able to hire ten engineers per month and built a team of over 100 new hires.

Aside from global recruiting services, Worca provides a multi-country payroll management tool and automates the local tax filing process, showing both local currency and United States dollar rates. In addition, the platform breaks down both an employer's contribution and employee deductions so clients can approve monthly payrolls with one click. The review and approval process of the platform is intuitive and easy to use.

The Worca platform provides a management tool of benefits programs tailored to each country, leading to higher employee retention. Local employees have access to their salary statements, benefits package, and all HR-related documents in one centralized location. The intuitive system simplifies the onboarding process and HR management for both employees and employers. Worca streamlines the global payroll experience by integrating with leading accounting software, such as Intuit QuickBooks and Oracle NetSuite.

Clients working with Worca can securely consolidate payroll data and all countries' automation in one platform. In addition, Worca has in-house human resource specialists on the platform to assist clients with any questions.

Worca offers a complete solution for compliant global tech hiring, onboarding, payroll, and labor compliance. It operates fully in Taiwan, Vietnam, Indonesia, and Singapore and will soon enter Malaysia, Thailand, and Japan.

    Jack Wu, OCAC "Global Young Entrepreneur Star of 2021".
    Jack shares his story with overseas compatriots.

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