Startup Twine, created by Wharton MBA 2017 graduates Joseph Quan and Nikhil Srivastava, beat out 28 other semifinalists to win the University of Pennsylvania Wharton Entrepreneurship’s first “Startup Challenge.” Twine’s software uses algorithms with the goal of aiding companies in determining internal candidates to fill open positions in hopes of increasing employee retention and reducing the cost of new hires. Along with the credibility and prestige that comes with winning such an award, Twine’s creators earned a grand prize of $30,000. In addition, they will receive accounting, strategy, and legal services valued at $15,000. So far, Twine is working with the University of Pennsylvania and Nielson.Source
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