Regarding our landing page, that's a great point! We are a candidate driven product, but we are first focused on employer adoption. That adds legitimacy to our platform when Searchlight reaches out to candidates. In the future, we plan to allow candidates to initiate the Searchlight process themselves - we have already gotten requests from current Searchlight candidates to build this feature.
I hear your hesitation to provide references early. It's a new hiring approach. But we've seen that with our positive messaging and candidate engagement process, candidates see Searchlight as an opportunity to stand out. We try to minimize the burden on candidates and references by saving the answers so references don't have to do it again. As our credibility grows over time, we hope that everyone will feel comfortable making a Searchlight profile.
Furthermore how do you distinguish between a high quality endorser giving accurate information about candidates and a low-quality endorser trading favors to bolster their own number of endorsements? Currently on linkedin I can see somebodies endorsements which can raise red flags about them "trading favors". How will searchlight provide a similar ability to scrutinize endorsers?
The experience and knowledge of the referencer factors into how we calculate the strength of the recommendation.
IANAL, but I have spent many unpleasant days reviewing GDPR and I think it's likely that such data is the candidate's personal data and they are allowed to see it.
https://www.oag.ca.gov/privacy/ccpa
Also, I'd imagine there would be a huge defamation liability.
As others have pointed out, LinkedIn recommendations are public, which skews their content, and they are also subject to recommendation trading and general puffery.
Other interesting players are people like Xref (https://xref.com/) who automate the reference process - though to respond to your objections, these platforms are used later on in the process (e.g. on short-listing).
Many HR technologies are struggling to solve the problem you have highlighted.
They want to move from a per-employer solution ("Now that we're about to hire you, please give us 3 references") to an industry standard model ("you'll need to have a Searchlight profile to apply for this job - its a small hassle but you only have to do it once, then you can use it at any of the other jobs you'll be applying for").
Anyone who cracks that code stands a chance of becoming the next mini-LinkedIn.
My concern is that references are a poor signal in general, not that LinkedIn has a monopoly on them. I don't request or look at references, and I haven't provided references to a potential employer since I was in high school.
I've only ever heard them mentioned in a work situation in the context of endorsing people for bogus things (like a hard-core C/C++ programmer for PHP and Visual Basic).
Also, looking at your landing page, it looks like this is company-driven, not candidate driven (that is, I send my resume to the company, which sends it to Searchlight). If I'm in the early stages of the interview process for a company, and they request that I invite a bunch of former coworkers to endorse me on a platform I've barely heard of, there's basically 0 chance that I'll be continuing the application process.