• January 22nd, 2008

    Stealth Job Site NotchUp Makes Companies Pay To Interview You

    The problem with most job sites is that the people companies really want to hire don’t put their resumes on them because they are happy in their current positions. If you are a star manager, chances are your employer knows it and is treating you well so that you don’t even think about leaving. Who wants to bother looking for a job anyway if you don’t have to? That’s right up there with looking for a new house in terms of time-sinks to avoid. The folks at NotchUp, a stealth startup based in Los Altos, California launching later this month, have a better idea. Founded by two Peerflix refugees, Jim Ambras and Rob Ellis, NotchUp tries to lure talented-but-complacent workers and managers into its recruitment pool by turning the job search on its head. Instead of desperate out-of-work employees going hat-in-hand to companies begging for a job interview, on NotchUp, the companies have to pay to interview you. This is supposed to bring out those passive job seekers every company really wants to find. The site lets you set whatever price you like per interview, but also provides a calculator that takes into account your current position, experience, education, and salary to come up with a number. What I like about this approach is that it uses economic incentives to try to bring a better inventory of talent onto the market, just like Zillow does with its “Make Me Move” feature that lets people make unsolicited offers on houses that are not officially on the market. If a company is willing to pay you a few hundred or even a thousand bucks just to interview you, chances are they are pretty serious and it is not going to be a waste of time. It acts as a filter for both the employer and the prospective employee. According to the site, Google, Yahoo, Facebook, and Powerset are all corporate beta testers using NotchUp for recruitment (well, maybe not Yahoo). NotchUp is still in stealth. The only way to get into the site right now is to be invited by a current user, which is how I learned about it. Setting up a profile is easy, especially if you already use LinkedIn. NotchUp just imports your LinkedIn profile, you set your price, and you are ready to go. Any friend you refer to the site who gets an interview earns you a → Read More

    Upcoming Events

    Disrupt SF 2012

    San Francisco, CA

    Real-Time
    Crunchbase

    Copperfasten — Received €500k in Unattributed funding from Enterprise Ireland and Oyster Technology Investments
    5.27.2012
    Himax Technologies — Company added to CrunchBase
    5.28.2012
    5.27.2012
    Compliance11 — Acquired by Compliance11, Inc..
    11.15.2012
    Facebook — Went public with stock symbol NASDAQ:FB.
    5.18.2012
    Compliance11 — Acquired by Compliance11, Inc..
    11.15.2012
    Bolt | Peters — Acquired by Facebook for $50M.
    6.21.2012
    GlobalEnglish — Acquired by Pearson for $90M.
    5.25.2012
    Chick Approved — Acquired by Lockerz.
    5.25.2012
    PowerReviews — Acquired by Bazaarvoice for $151M.
    5.24.2012
    Copperfasten — Received €500k in Unattributed funding from Enterprise Ireland and Oyster Technology Investments
    5.27.2012
    Undo Software — Received Unattributed funding from Cambridge Angels group
    5.27.2012
    Soteira — Received $375k in Debt funding
    5.25.2012
    Spectra Analysis — Received $125k in Debt funding
    5.25.2012
    Exec — Received $3.3M in Seed funding
    5.25.2012
    5.27.2012
    Enterprise Ireland — Invested in Copperfasten.
    5.27.2012
    5.27.2012
    NextView Ventures — Invested in TurningArt.
    5.23.2012
    TELUS — Invested in SecureKey Technologies.
    5.25.2012
    Facebook — Went public with stock symbol NASDAQ:FB.
    5.18.2012
    Himax Technologies — Company added to CrunchBase
    5.28.2012
    Medivation — Company added to CrunchBase
    5.28.2012
    Copperfasten — Company added to CrunchBase
    5.28.2012
    Undo Software — Company added to CrunchBase
    5.28.2012
    SGL Network — Company added to CrunchBase
    5.27.2012
    Google Chromium — Product added to CrunchBase
    5.26.2012
    TacoGrid.com — Product added to CrunchBase
    5.26.2012
    cloudbank — Product added to CrunchBase
    5.26.2012
    mywheebox — Product added to CrunchBase
    5.26.2012
    Antifraud publications — Product added to CrunchBase
    5.26.2012
    CrunchBase