The competition is fierce

November 26, 2009 at 10:36 pm 1 comment

The size of the recruitment market attracts a large range of competitors, from small niche executive search firms, to internet job boards, to large software vendors.  Here are some thoughts on interesting companies in the market… most US based:

  • Linkedin – I think of it as the global online CV database and professional network map. Incredible potential to leverage its data (e.g. selling it to recruiters) as well as the audience (reach for job postings)
  • Bounty Jobs – an innovative marketplace for employers and recruiters. Increases the transparency for using recruiters but has challenges scaling as it requires a sales force
  • Broadbean – a job post distribution service that allows employers to easily post their jobs to internet job boards. Started in the UK but looking to grow in the US
  • Jobvite – a VC backed US startup leveraging social media to target candidates. Potential to really disrupt the market
  • Taleo – a large SaaS talent management solution provider. Focussed on larger enterprises

All of the above businesses are well funded and represent the range of innovation and opportunities in the recruitment market.  Sometimes I think about these guys and wonder why I bother… then I remember, they were here once.

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The strategy & vision Part I Not raising money

1 Comment Add your own

  • 1. Not raising money « Recruitment 2.0  |  April 7, 2010 at 2:51 pm

    […] stage unfortunately we are probably not one of them for a number of reasons. For example, its a very competitive market with well established players, our disruption / differentiation is not around the underlying technology and we need to show […]

    Reply

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