Career Site Builder Company Sold

Standout Jobs, a Canadian recruitment marketing company that debuted at ERE’s Spring 2008 EXPO, has been sold.

TechCrunch reported the sale this morning. No details, including price or even who the buyer is, are available, although the website speculated it was sold to a “mid-tier jobs site looking to ramp up its social features.”

Founder and CEO Ben Yoskovitz, who blogged about the sale of his company today, said the buyer asked not to be identified other than to say it’s “in the HR space.”

Standout Jobs launched in early 2008 with $1.57 million in seed money. Its first offering was a self-service career site builder for small and mid-size companies. The service was initially free. Fees for premium services were to be added in time.

Article Continues Below

Last fall, the site was relaunched emphasizing more services than technology. The career site builder was (and is) a core element, but Standout Jobs also offered SEO and social media services.

Yoskovitz said he doesn’t know what the buyer’s plans are for the site.

John Zappe is the editor of TLNT.com and a contributing editor of ERE.net. John was a newspaper reporter and editor until his geek gene lead him to launch his first website in 1994. He developed and managed online newspaper employment sites and sold advertising services to recruiters and employers. Before joining ERE Media in 2006, John was a senior consultant and analyst with Advanced Interactive Media and previously was Vice President of Digital Media for the Los Angeles Newspaper Group.

Besides writing for ERE, John consults with staffing firms and employment agencies, providing content and managing their social media programs. He also works with organizations and businesses to assist with audience development and marketing. In his spare time  he can be found hiking in the California mountains or competing in canine agility and obedience competitions.

You can contact him here.

Topics

7 Comments on “Career Site Builder Company Sold

  1. Frank — You may be correct, but why do you feel the buyer was Jobing? BTW, if it was Jobing, then I feel a LOT more confident about how the technology developed will be used. The folks at Jobing know what they’re doing and why they’re doing it.

  2. I think it might be Jobing because it fits their current strategy. The article mentions mid tier board. That could mean someone else since our friends in the valley have all but abandoned the job board business that they where built on and instead tour the country as social media recruiting experts. They bill thr few people they have left as recruitment marketing consultants. They have been trying to sell career pages for years but thru technology stinks making this a good strategic purchase. Of course, it might not have been them since they might not have any money left after they spent a few million on SHRM shows and put their name on an arena with no to little return.

  3. Frank — It is not Jobing. I heard from a reliable source after posting my comment above that it was another organization. I don’t know what organization, but I do know for sure that it isn’t Jobing.

Leave a Comment

Your email address will not be published. Required fields are marked *