Posts tagged ‘Y Combinator’

September 16, 2009

Did Jobvent Get Acquired?

jobventlogo
Chalk one up for the little guy if my deduction is correct.

A while back, I saw a tweet from @oofoot that his side project www.Jobvent.com was up for sale. After four years he had decided to move on and was looking for buyers. After that there were a few tweets and one about some interest from a European buyer. Then nothing more and I kind of forgot about it.

Recently, I went to the site and noticed some pretty big changes which lead me to investigate further. Now the advertisers are the big names in the HR field such as the Ladders and National education Institutions.

Further investigation revealed a tight integration with http://www.glassdoor.com, to the point where I think it is obvious that Glassdoor has purchased Jobvent.

In which case, a big congratulations goes out to Craig for a successful exit and a job well done. No Y Combinator, no investors, just an engineer and a product people want.

Now he can focus his efforts on Raizlabs and creating other cool apps like the one they built for RunKeeper.

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March 5, 2009

Shotput Ventures: new startup accelerator in Atlanta

Shotput Ventures of Atlanta has recently launched with their first session this summer. Using the by now familiar formula of $5,000 per team plus $5,000 per founder in exchange for 5% – 10% of equity on entrepreneur friendly terms.

The team is a strong group of successful entrepreneurs with backgrounds in web and software technology.  Certainly a viable candidate when you are applying to the  list of startup accelerators built on the mold of Y Combinator. If they have a winter program, they will be even more attractive to the snow bound Boston teams.

The un-answered question is who will be the audience for “demo day”?  Will Ron Conway or Sequoia be there? Ultimately the test is how many successful companies will be spawned by the program.

They are off to a good start and we look forward to seeing the companies that spring forth under the guidance of Shotput Ventures.

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