A quick update on struggling Jobfox, one of the first companies to enter the business of matching employers with job candidates, eHarmony style: Doostang, the community directed at young people, has bought certain Jobfox assets.
Jeff Berger, Doostang’s CEO, has had his eye on Jobfox for a long time. Doostang, which boasts more than a million members, is not going to continue operating the previous Jobfox website. But, Berger says via email, “as part of the acquisition, we own the domain and are using it to offer a new job alert service. However, our primary interest in Jobfox was the technology and how we could integrate some of the pieces on Doostang.”
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Jobfox, in addition to being one of the first in the now-crowded matching business, also had that idea I mentioned about “recruiter networks” for passive candidates to keep in touch with recruiters even before they’re ready to switch jobs.