AngelList Tests Charging For Job Posts

http://techcrunch.com/2014/01/23/angellist-tests-charging-for-job-posts-pay-10-of-salary-or-25-equity-after-hiring/

by ibsathish • 13 years ago

21 12 13 years ago

SwaroopH• 13 years ago

They've been doing this for a while. I remember seeing this when I tried to post a job back in December.

ry0ohki• 13 years ago

Seems like one of the most expensive job posting boards ever? Those are basically recruiter-level fees, is that quality that much higher?

chopete• 13 years ago

Not sure if it is a quality one for posters but for potential candidates it provides one of the best tools.

- Upfront salary/equity range. No need to spend a month and later hear 'sorry your salary expectation is not in our pay band'

- No middlemen. You know the company behind the job upfront.

- A lot of information about the company upfront. I am not sure there are any job sites that provide this much of information.

- Simple and useful filtering.

To me it has all the best things a potential candidates looks for in a job posting.

I only wish these guys don't go around screw it up with insane fees. Off all the things in agel.co they want to go after jobs?.

mbesto• 13 years ago

it provides one of the best tools
I only wish these guys don't go around screw it up with insane fees. Off all the things in agel.co they want to go after jobs?

Isn't there a bit of a disconnect there?

javery• 13 years ago

I saw this weeks ago when I thought about posting there and it scared me off - are they saying I was randomly selected to NOT get it for free? That sucks.

naval3• 13 years ago

Not random, we've just been doing it for new companies joining the platform.

naval3• 13 years ago

The headline is sensationalist but incorrect. There is no cost for posting - only if you land a successful hire, similar to how some others in the space work.

gergles• 13 years ago

Yeah, not to be blunt, but someone there was high when they came up with those prices. Full-service recruiters charge that much - AngelList is a job board. The value prop is completely missing too, there's just a modal of "oh, btw, pay us a recruiter's fee". This would send me running the other direction from posting jobs there.

naval3• 13 years ago

It's about 1/3rd of what technical recruiters charge. And again, it's only on successful hires. And if you can't afford it, you can give equity. And it's an honor system. And it's a test. And other folks in the space, like DeveloperAuction, charge more (Google around). But you can't please everyone :-)

kyan• 13 years ago

someone there was high when they came up with those prices

Yes, yes indeed.

BryanB55• 13 years ago

"amount payable only after a person is found and hired, and refundable if the candidate leaves the job before 90 days"

So how do they follow up with this? What if someone just says the person left the job? Do you have to sign a contract with angellist? And how is equity calculated for private companies?

arikrak• 13 years ago

they're angellist. all they do is equity for private companies. though if you mean companies not planning on exiting, they can still get a stake, and maybe get a dividend later?

AngelList Tests Charging For Job Posts

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