Let’s JIBE

March 22nd, 2010 by Jay Levy View Comments

Online recruiting is broken…  we see opportunity to fix it! That’s why we are proud to announce — along with Polaris Ventures LererMedia Ventures, Jason Calacanis and Josh Kushner — our investment in JIBE (previously LocalBacon), led by Joe  Essenfeld and Peter Margulies. TechCrunch Coverage Here.

JIBE is a social recruiting platform for today’s world. More and more, we are hearing about people landing jobs from their activities on Facebook, Twitter and blogs. While this way of getting a job is growing in numbers, these job-seekers are still in the minority. For now.

We, and JIBE, feel social recruiting is the future, and  JIBE is launching a platform to help facilitate this type of recruiting via a “Employment Networking Platform.”

From a job seeker’s perspective, JIBE increases your chances of getting hired by getting you that warm introduction.  From a recruiter’s perspective, it provides more transparency in the candidate, helping in the interviewing and hiring process.

Another core philosophy of JIBE is fixing the two largest complaints of online recruiting:

  1. Job seekers feel it’s one giant black hole to apply for a job online. You submit, wait & forget.
  2. Recruiters are inundated with responses and can’t handle it all – help!

Look for great things to come from the team at JIBE!

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I'm intrigued by the model JIBE is trying to push out, having been involved in Monster, Jobster, and Recruiting.com as experience, but I am left to wonder about the methodology and technicalities of the platform.I wandered through the platform and was put off by the need to expose my network via a blind login (and if I, as a social media person am put off... what about the common user?) along with a severe questioning of the unemployment statistic it tried to define in my network. I think the overall idea is sound, but the conversion hurdles I experienced in the first three minutes were pretty severe. I am also wondering how the walled garden of SEO will affect the site, as it causes an amputation of one of the most popular benefits of social networking/social media online... instead requiring the site to rely on direct referral traffic and WOM.

Trace,Thank you for your thoughtful comments. I noticed them on TechCrunch and twitter as well. What gets me the most excited about JIBE is the set of tools our Employment Networking Platform provides to help recent college grads realize their social network is more valuable than they might have initially assumed. As this demographic begins to discover the value of their network they will improve their individual profiles resulting in the value of their entire social graph increasing as well. I look forward to your continued feedback as JIBE evolves.Joe

The idea and business model are sound, I just have a problem with the target market. As a fellow college student - in the 24 and under - I know that most of my friends don't have any connections with employees inside of companies that they want to work with. I was wondering if you could give me some insight into why you chose Gen-Y as your target market and not older, potentially laid off professionals who should have more connections and benefit from this service the most. Will definitely be watching this company closely.

I'm intrigued by the model JIBE is trying to push out, having been involved in Monster, Jobster, and Recruiting.com as experience, but I am left to wonder about the methodology and technicalities of the platform.

I wandered through the platform and was put off by the need to expose my network via a blind login (and if I, as a social media person am put off... what about the common user?) along with a severe questioning of the unemployment statistic it tried to define in my network.

I think the overall idea is sound, but the conversion hurdles I experienced in the first three minutes were pretty severe.

I am also wondering how the walled garden of SEO will affect the site, as it causes an amputation of one of the most popular benefits of social networking/social media online... instead requiring the site to rely on direct referral traffic and WOM.

Trace,

Thank you for your thoughtful comments. I noticed them on TechCrunch and twitter as well.

What gets me the most excited about JIBE is the set of tools our Employment Networking Platform provides to help recent college grads realize their social network is more valuable than they might have initially assumed. As this demographic begins to discover the value of their network they will improve their individual profiles resulting in the value of their entire social graph increasing as well.

I look forward to your continued feedback as JIBE evolves.

Joe

The idea and business model are sound, I just have a problem with the target market. As a fellow college student - in the 24 and under - I know that most of my friends don't have any connections with employees inside of companies that they want to work with. I was wondering if you could give me some insight into why you chose Gen-Y as your target market and not older, potentially laid off professionals who should have more connections and benefit from this service the most. Will definitely be watching this company closely.

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About Jay Levy

Jay Levy

Jay Levy is a co-founder and principal of Zelkova Ventures. Jay focuses most of his time in working with the current portfolio company and looking at new investments in the software-as-a-service, internet media and green tech space. More »

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