VentureLoop adds job widgets

March 22, 2009

VentureLoop Launches New Free Career Site Widgets for Venture Capital Firms and Venture-backed Companies

March 18, 2009

San Francisco, California, March 18, 2008 – VentureLoop, the worldwide leader in hosted career sites for venture capital firms, announced the launch of two new career site widgets. The free version of these widgets will enable venture capital firms and their portfolio companies to host a career page on their public websites simply by placing a small piece of code provided by VentureLoop. With more than 30 venture capital firms already using VentureLoop’s premium career site product, the new release will give flexibility for more venture capital firms to display the job openings of their portfolio companies while also enabling their portfolio companies to easily display jobs on their own website. All jobs posted by the portfolio companies automatically synchronize with the venture firm’s career page. “The advances in technology have enabled us to offer a free version of our premium product,” said Jeremy McCarthy, VentureLoop’s CEO. “Many venture capital firms prefer the premium version of our career website, but this new widget will enable every venture capital firm to add a career page to their website, regardless of their budget. The free portfolio company career page widget provides a remarkably simple way for companies to have their own career site without buying an expensive applicant tracking system or waiting for IT to update their postings. It also automatically synchronizes with each of their venture investors. We believe the venture community will continue creating thousands of jobs each year, and we will be there to support their efforts.” The portfolio company widget launched in beta in late 2008, and both free widgets will be available for download off the VentureLoop website by validated venture firms and portfolio companies by the end of March. Some of the features include basic customization of styles for website presentation, customized industry names to match venture firm websites, a stored resume database for all job applications, and a monthly email of metrics showing the traffic and resume activity of the website. VentureLoop’s premium version allows for more customization, RSS feeds for jobs, integration of job listings on portfolio company pages of a venture firm’s website, and regular refreshing of jobs by VentureLoop account managers for all portfolio companies. Interested venture firms and companies can email sales@ventureloop.com to request more information about the free widget or premium career site product. You can see more information at the following link: http://www.ventureloop.com/ventureloop/jobwidget.php About VentureLoop VentureLoop is the leading website dedicated to job postings for emerging venture-backed companies and startup companies. VentureLoop creates direct relationships with the world’s top venture capital firms to connect their portfolio companies with quality candidates. Candidates can search the VentureLoop website for thousands of jobs at startups and growth companies backed by top-tier venture capital firms. VentureLoop’s VentureCareers product is a hosted career page for venture capital firms, allowing portfolio companies to advertise job openings directly onto their venture capital firm’s public website. VentureLoop also publishes the weekly VentureLoop Emerging Growth Newsletter, which communicates valuable information about emerging growth company news, funding, and career advice. Find out more at www.ventureloop.com.


I Guarantee You Ask Illegal Interview Questions

September 17, 2008

Have you ever asked someone an illegal interview question?  I have.  I didn’t know that I had asked an illegal question.  I was younger and poorly trained, but I could just as easily have been older and poorly trained.  In fact, my experience is that probably 95%+ of all interviewers not only have asked illegal interview questions in the past, but they probably continue to do so today.  They don’t intentionally do it.  The fact is that in a state like California the laws are so strict that without training and constant reminders, everyone is bound to slip up and ask something that is technically not legal to ask.

Here’s a quizz.  Which of the following questions is considered “illegal” to ask in an interview in California?

  • Based on your resume, it looks like you grew up in New Jersey.  I did too.  What part of New Jersey are you from?
  • I noticed you have a cast on your leg.  Did you break it?
  • Are you planning to have children in the next two years?
  • I see you went to Notre Dame.  Are you Catholic?  I am too.  We have a lot of great Catholics who work here.
  • Your resume says you speak Chinese.  Did you grow up there or just learn the language?
  • When did you graduate from high school?
  • What part of the Bay Area do you live in?  Will commuting be an issue?

So, which ones are illegal?  Technically, all of them are illegal.  In California, and many other states, questions that don’t directly relate to the job qualifications are off limits.  Here’s more specific information:

  • Based on your resume, it looks like you grew up in New Jersey.  I did too.  What part of New Jersey are you from?

This question has nothing to do with the job qualifications.  And if the candidate tells you they grew up in an area that happens to be known for having a large ethnic or religious population, the candidate could potentially claim you used the answer to this interview question in order to discriminate against them.

  • I noticed you have a cast on your leg.  Did you break it?

The biggest risk with this question relates to physical disabilities.  What if the candidate tells you that have a physical handicap that required surgery and will require more surgeries?  When you don’t hire them, you open yourself up for a claim that you didn’t hire them because you knew they were handicapped.

  • Are you planning to have children in the next two years?

Kind of an easy one.  You can’t discriminate against someone for having children or planning to have them.

  • I see you went to Notre Dame.  Are you Catholic?  I am too.  We have a lot of great Catholics who work here.

Another fairly easy one.  Just because you share the same ethnic or religious status with someone doesn’t save you from a discrimination claim.

  • Your resume says you speak Chinese.  Did you grow up there or just learn the language?

Similar to the first question, you can’t ask someone where they are from or about their ethnic origin.

  • When did you graduate from high school?

While it is okay to confirm someone has a degree, you cannot ask them about when they obtained it.  This opens you up to an age discrimination claim when the person thinks you asked the question to see how old they are.

  • What part of the Bay Area do you live in?  Will commuting be an issue?

This is a tricky one.  Technically, it’s illegal.  While you may have concerns about someone commuting a long distance to your place of business, it is not part of the job.  If the person tells you they are commuting from an area with a particular ethnic or minority population, you risk a discrimination charge.  And if ANYONE in your company currently deals with a long commute, you can’t defend your decision not to hire someone based on where they live.  All you can do is be clear on the expectations for the hours they must be onsite and get their commitment that this will not be an issue.

While a lot of this might seem a little frightening, the truth is that candidates rarely file suit over discrimination during an interview process.  Something very blatant normally has to happen that is much more definitive than the interview questions given as examples above.  However, it only takes one disgruntled candidate to ruin your mood for the next several months while you go through a court case.  You don’t want to be known as the person who cost your firm a $25,000 settlement with a candidate because you asked how they broke their leg when they came in for an interview.


Your Facebook Profile Just Cost You a Job

August 13, 2008

I overheard someone recently say she needed a temp for her office and was concerned about the selection process after a previous temp went a little nutty.  Her solution?  Check out the Facebook and MySpace profiles she could access for the new batch of candidates.  She passed on a couple of individuals who had “hardcore party” photos posted on their profiles and opted for someone who had nothing risque that was publicly viewable.

This is not an isolated incident.  I’ve heard more and more hiring managers and recruiters discuss their voyeuristic tendencies when trying to determine if they should hire a candidate.  I even know of a recruiter who checked a high maintenance employee’s MySpace page and saw the tagline “I am so ready for a new job”.  This clued in management that the employee was actively interviewing, so they were prepared when her resignation came a week later.

Much of this kind of candidate evaluation is actually illegal in many states.  You can’t base a hiring decision on what pictures are posted on someone’s MySpace page as it makes you ripe for a discrimination charge.  While an employer could say the picture of the water bong was the deciding factor for not hiring a candidate, pictures of someone’s small children, a religious ceremony, a 50th birthday party, an ethnic celebration or other personal items that are also posted could be used to claim the employer discriminated based on age, religion, etc.

But candidates are fooling themselves if they think the law will prevent many employers from looking anyway.  Most employers don’t even realize the practice might be illegal either.  And proving that a company used your Facebook profile in order to discriminate against you would be quite difficult to prove in court.

The lesson is that everyone should be careful about what is publicly available through social network profiles.  Facebook, MySpace and others have privacy settings that should be activated by everyone.  Today.  Log out of your accounts and do a search on your name to see what others can publicly access.  Even if you’re not looking for a new job, your current employer can easily access public social network information that can be used to your detriment.  You might think the profanity-laden Wall Post by your old college buddy, Spanky, is hillarious, but your company’s CEO might not find it as amusing.


iPhone 3G mania

July 11, 2008

The photo is dark, but this is the line 100+ deep on Chestnut Street in San Francisco waiting in line for the iPhone 3G.  Yikes.


No IPOs, but is it all bad?

July 7, 2008

An interesting perspective on the seemingly bad news that there were no VC-backed IPOs this past quarter.

Update: VCs Reap What They Sow

Stacey Higginbotham, Tuesday, July 1, 2008 at 5:00 PM PT

There’s grim data out today from two sources that track venture capital exits, both of whom noted that not a single venture-backed company went public in the second quarter of 2008. This is a grim news indeed, but not surprising.

Read full story


Do Women Hate When Other Women Get Promotions?

June 12, 2008

I had dinner with a group last night that included a woman who recently got a new job with a title promotion to Vice President.  She was rightly thrilled.  However, she was surprised and hurt that most of her close female friends had absolutely nothing to say to her when she emailed the exciting news to them.  These same friends would call her within 5 minutes to see if she was okay if she had so much as a hangnail.  With minor exception, only her male friends and colleagues went out of their way to express congratulations.  She wanted to know why?

I have to say that in my years in the workplace I’ve seen this happen often.  Women get promoted or perform well, and many of their female friends and colleagues have no kind words or even turn on them in a negative way.  Meanwhile, their male friends and colleagues are thrilled about their accomplishment and express it openly.  As difficult as it can be for women to be successful in a male-dominated business culture, it does seem quite puzzling.  Especially because I rarely see the same thing happen between male friends and colleagues.

Is it biological?  Environmental?  I’d say it might be based on a perceived threat in a competitive workplace, but the scenario described above involved mostly women who don’t work in the same industry as this individual, let alone at the same company.  There is no direct threat to any of the women who went out of their way NOT to congratulate her on the new job and promotion in title.

Perhaps it is a biological response for competing against other women to stand out and get attention in a male dominated world.  But then why don’t men have a similar biological competitive response to each other to be the most desirable to the female population?  My experience has been that men can compete ruthlessly against one another in business and in sports, but they congratulate other men when they have business success.  Especially when there is no direct competition within the same company.  Not to mention that fact that I’ve also observed that women seem to have no problem congratulating their MALE friends and colleagues!  The individual in this story experienced the same thing with women who didn’t congratulate her but openly congratulated male business colleagues for similar successes in the past.

It is a peculiar behavior that I’ve observed with many women in the workplace, but certainly not all.  I’d be curious to get thoughts from others on this?


From 2 Million to 50k

June 7, 2008

I thought the concept of Climber.com was interesting. However, I did a check of their website traffic numbers and saw an unbelievable plummet in numbers like none I’ve seen before. Very interesting fall from the top.


Shortage of Cleantech Workers

June 2, 2008

A report by New Energy Finance and Heidrick & Struggles shows that cleantech CEOs are facing a shortage of human capital in the industry. Some of the highlights:

  • 96% see the recruitment shortage as serious to moderately serious
  • CEOs, CTOs and project managers are tough to find
  • Most of the employees are being hired from outside of the cleantech industry

The question is whether or not the flood of money into cleantech will be able to hire enough experienced workers to meet VC expectations for business growth.




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Will Gen Y Kill US Competitiveness?

May 29, 2008

I’m amazed at the continuing flow of stories I hear from colleagues about the alarming behavior that is common amongst the “Gen Y” employee group. While you can’t stereotype an entire generation, the theme is too common to ignore. And I’ve seen it personally with clients as well. The behavior exhibited will I’m sure strike a chord with what many of you have observed. Entitlement, aggressive, disrespectful, no value placed on experience, incredible overestimation ability and knowledge, need for constant recognition.

My question is whether or not these behaviors will last throughout the careers of a large percentage of the Gen Ys and how this will impact the US global competitiveness. This whole attitude of expecting a reward just for showing up does not bode well when India and China are rapidly improving their skills and raising the bar on performance. I know colleagues who actually have had to lower the bar on performance for their Gen Y group because the morale plummets when people aren’t getting constant praise and promotions. What will the consequences be ten years from now if we have an entire generation of entrepreneurs and employees who have an inflated sense of accomplishment and create inferior companies and products that they believe to be world class?

There is hope. I have to admit that I too had some of these same behaviors after graduating from college in the early 90’s. However, I very quickly was hit in the face with a shot of reality that made me understand how the corporate world really worked. I thought I could walk in and help generate new business for the international accounting firm where I worked based on my accounting skills and personality. It took one sales call with senior partners for me to quickly understand that bringing in business was more about who you know and not just about being smart and having the right attitude.

My concern is that I rarely have seen or heard of Gen Y employees actually reacting to being hit with these so-called doses of reality. In many cases, the inflated sense of knowledge and accomplishment is so ingrained that they are oblivious to a knock on the head that should clearly demonstrate to them that there is no substitute for experience. No matter how smart you think you are.

I can only hope that most of these individuals do wake up and realize the value of experience and putting in time to learn skills on the job, rather than justifying entitlement behavior as “the new paradigm” for a smarter and faster generation of employees that have outgrown the old rules of business. Otherwise, we could be in big trouble.