We attended the first leg of Y Combinator's "demo day," its twice-a-year event at which startups participating in its accelerator program present their businesses in front of a room of investors and journalists. One startup that stood out was 70MillionJobs: a job-placement service for folks with a criminal record.
The opportunity: 70 million Americans have criminal records, according to the company (hence its name). Most of the current organizations helping them with employment are small non-profits. 70MillionJobs founder and CEO Richard Bronson believes there is an opportunity to build a large for-profit service. "This population is having their moment," Bronson told Axios.