A new job site has raised another $1 million, bringing its total to $3 million. Koda.us calls itself a “social recruitment service” that will bring together social networking and job recruiting. The idea is to be “more professional than Facebook but more personal than LinkedIn”.
From the site: “The best organizations want to hire individuals who not only
Which site is more valuable to businesses – LinkedIn, Twitter, or Facebook. 3,600 respondents say Twitter. That’s not necessarily surprising. What is surprising is that the poll was conducted by social media "rival" LinkedIn.
LinkedIn founder and CEO Reid Hoffman is betting on a new social media app that lets users cross-post messages to multiple sites. Hoffman led a round of angel funding for Ping.fm which now supports more than 30 networks that reads like a social media who’s who: Facebook, Twitter, WordPress, Bebo, Yammer, Hi5, MySpace, and of course, Hoffman’s own LinkedIn.
Ping.fm says th
Hamburg, Germany-based Xing, a professional social network similar to LinkedIn that’s strong in Europe, has acquired New York-based SocialMedian for about $4 million in cash and stock. SocialMedian founder and the former CEO of Jobster Jason Goldberg is relocating to Germany and will be joining Xing as vice president of the application
In a major executive shuffle, LinkedIn founder Reid Hoffman is back in the CEO role and has brought in former Yahoo Jeff Weiner in as interim president. Out: Dan Nye, who’s held the CEO post since Hoffman recruited him in 2007. That’s less than two years on the job for Nye.
Nye’s departure comes as a surprise given that LinkedIn has been doing quite well under his l
Analysts from eMarketer weigh in on how the next year in online marketing, e-commerce, social networking and more will unfold. Here’s a quick overview.
Online ad spending
Analyst David Hallerman predicts online video ad spending will run counter to overall economic develop
Looking for more proof about the challenges faced by traditional recruitment advertising media (i.e., newspapers / trade pubs) and the (now traditional) recruitment sites?
Look no further than right here.
In this excellent article on ERE.net, Todd Raphael reports on an Austin, Texas, company, NGene
By Jim TownsendNow and again something comes around that changes what you do. Or changes what your customers do. This is potentially one of those times...This content is available free to Classified Intelligence Report clients.I got something in my e-mail inbox the other day. It was from our old colleague Dan Finnigan, formerly SVP at
LinkedIn, the popular business social networking service, is cutting 36 of its 370 employees. That’s par for the course these days in Silicon Valley, although as we reported earlier, LinkedIn has a decent war chest: $22.7 million raised last month on top of
As it looks like there’s no end in sight to the economic downturn brought on by the Wall Street credit crisis, social network and job site LinkedIn has raised $22.7 million in additional funding. The new money is from previous investor Bessemer Venture Partners, and new investors SAP, Goldman Sachs, and interestingly, McGraw-Hill. McGraw-Hill has a deal with LinkedIn on its BusinessWeek.c