Comments on: Jobster Raises $18 million http://gigaom.com/2006/07/19/jobster/ The Business of Technology Wed, 03 Dec 2008 07:25:54 +0000 http://wordpress.org/?v=MU hourly 1 By: NowHiring.com.au Blog » The sound of gurgling grows louder at Jobster? http://gigaom.com/2006/07/19/jobster/#comment-606377 NowHiring.com.au Blog » The sound of gurgling grows louder at Jobster? Thu, 11 Oct 2007 02:15:53 +0000 http://gigaom.wordpress.com/2006/07/19/jobster/#comment-606377 <p>[...] application pricing (PPA). They appear to be failing despite the fact that they have had massive financial backing, great technology, extensive marketing and a solid audience. There are plenty of lessons to be [...]</p> [...] application pricing (PPA). They appear to be failing despite the fact that they have had massive financial backing, great technology, extensive marketing and a solid audience. There are plenty of lessons to be [...]

]]> By: Niche jobs - Crunchboard at After The Dot Net http://gigaom.com/2006/07/19/jobster/#comment-57808 Niche jobs - Crunchboard at After The Dot Net Tue, 22 May 2007 00:00:21 +0000 http://gigaom.wordpress.com/2006/07/19/jobster/#comment-57808 <p>[...] attention. From vertical search plays such as Indeed, to new players such as TheLadders, and Jobsters are trying to address some of the inefficiencies of the current online job [...]</p> [...] attention. From vertical search plays such as Indeed, to new players such as TheLadders, and Jobsters are trying to address some of the inefficiencies of the current online job [...]

]]> By: Jason B. http://gigaom.com/2006/07/19/jobster/#comment-57807 Jason B. Mon, 24 Jul 2006 06:14:15 +0000 http://gigaom.wordpress.com/2006/07/19/jobster/#comment-57807 <p>Michael you have an interesting assessment, however, it's just that - an assessment. Our hire rates are well over 20% with the system, with a ROI through the ceiling, not the floor. With that, their pricing is competitive. It's like any other investment or choice a HR or Recruiting Leader makes. It does not surprising me that people point their finger at Jobster - it's one tool for crying out loud. You won't get hires through the system if you just sit by the phone. Jobster is considered leading edge by individuals that get the game of recruiting, and is one organization you can call a partner and not a vendor.</p> Michael you have an interesting assessment, however, it’s just that - an assessment. Our hire rates are well over 20% with the system, with a ROI through the ceiling, not the floor. With that, their pricing is competitive. It’s like any other investment or choice a HR or Recruiting Leader makes. It does not surprising me that people point their finger at Jobster - it’s one tool for crying out loud. You won’t get hires through the system if you just sit by the phone. Jobster is considered leading edge by individuals that get the game of recruiting, and is one organization you can call a partner and not a vendor.

]]> By: jason goldberg http://gigaom.com/2006/07/19/jobster/#comment-57805 jason goldberg Thu, 20 Jul 2006 19:47:21 +0000 http://gigaom.wordpress.com/2006/07/19/jobster/#comment-57805 <p>rather than engage the anonymous poster, i'll just note that we are cranking on renewals and have dozens of customer case studies. check out my blog to learn more www.jobster.blogs.com or visit our corp website at www.jobster.com/corp</p> rather than engage the anonymous poster, i’ll just note that we are cranking on renewals and have dozens of customer case studies. check out my blog to learn more (link) or visit our corp website at (link)

]]> By: MikeInAZ http://gigaom.com/2006/07/19/jobster/#comment-57804 MikeInAZ Wed, 19 Jul 2006 17:13:54 +0000 http://gigaom.wordpress.com/2006/07/19/jobster/#comment-57804 <p>Why would you take/borrow money you don't need? Doesn't that dilute your ownership and control?</p> <p>It's like a home equity loan…haha</p> Why would you take/borrow money you don’t need? Doesn’t that dilute your ownership and control?

It’s like a home equity loan…haha

]]> By: Mr. Anonymous http://gigaom.com/2006/07/19/jobster/#comment-57803 Mr. Anonymous Wed, 19 Jul 2006 16:53:57 +0000 http://gigaom.wordpress.com/2006/07/19/jobster/#comment-57803 <p>I know of this company too well. The investment is troubling. Customer hire rates are below 20 percent through the system and for many customers success rates are lower, putting ROI through the floor. They have lost traction and credibility with many recruiters and those headhunters are the ambassadors of their solution to the HR executives who spend the average of 4-6K per month. Also as a testament to their fledgling success (not growth but success specific to actual hiring numbers) they rolled out a Monster style pricing scheme many months ago in trial form to hundreds of recruiters the majority of whom balked at it. This is 48 million dollars wasted on a potential sale of between 5-10 million 3 years from now for assets and customers. Sorry. Do something else with those funds please. Even their largest flagship original customer (shall remain nameless) has complained of hiring rates to the effect of "4 hires over 8 months from roughly 80 postings in the system" and that really hurts when it comes to renewals.</p> I know of this company too well. The investment is troubling. Customer hire rates are below 20 percent through the system and for many customers success rates are lower, putting ROI through the floor. They have lost traction and credibility with many recruiters and those headhunters are the ambassadors of their solution to the HR executives who spend the average of 4-6K per month. Also as a testament to their fledgling success (not growth but success specific to actual hiring numbers) they rolled out a Monster style pricing scheme many months ago in trial form to hundreds of recruiters the majority of whom balked at it. This is 48 million dollars wasted on a potential sale of between 5-10 million 3 years from now for assets and customers. Sorry. Do something else with those funds please. Even their largest flagship original customer (shall remain nameless) has complained of hiring rates to the effect of “4 hires over 8 months from roughly 80 postings in the system” and that really hurts when it comes to renewals.

]]> By: Michael Buckbee http://gigaom.com/2006/07/19/jobster/#comment-57802 Michael Buckbee Wed, 19 Jul 2006 14:42:55 +0000 http://gigaom.wordpress.com/2006/07/19/jobster/#comment-57802 <p>Interesting, I'd heard similar things from both Jason Calcanais (for WebLogs Inc) and from PUD (for Adbrite) that they had taken money and just kept it in the bank in case something happened.</p> Interesting, I’d heard similar things from both Jason Calcanais (for WebLogs Inc) and from PUD (for Adbrite) that they had taken money and just kept it in the bank in case something happened.

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