Recruitment Trainwreck BranchOut In Talks To Be Acquired, May Sell Mobile Team To Hearst

BranchOut’s story is a brutal lesson about building on someone else’s platform. After raising $49 million and growing to 33 million users, Facebook changed its viral channels leading BranchOut to starve. Now the “Linkedin Within Facebook” wants to throw in the towel.

Sources confirm that BranchOut is in discussions with several acquirers in the recruiting space for its main team, product, and data, though that may take a little time. Right now, it’s in late stage talks with the Hearst Corporation to sell its mobile team that built enterprise chat app That info is backed up by the fact that that it launched a year ago, was quietly shut down today, and its apps have been removed too. BranchOut could find another buyer for Talk and its team, though, and the leak of this news could impact the outcome.

How Can We Make Recruiting Better?

Recruiting is broken. In fact, it is so broken that almost no one I have ever talked to about the subject has offered up a point of disagreement. Not one person has said, “I love recruiting” or “We find that recruiting works just great for us.” Among the Valley’s cognoscenti, today’s startup truism is that […]

HackerRank Raises A $9.2M Series B From Khosla And Battery Ventures For Its Technical Recruiting Platform

HackerRank, the technical recruitment platform and code-challenge community, today announced that it has raised a $9.2 million Series B funding round led by Khosla Ventures and Battery Ventures. Other participants in this round include Motorola Mobility VP Peeyush Ranjan, former Facebook senior director of engineering Greg Badros and Facebook director of product management Dan Rubinstein.

With Box, Yelp And Palantir On Board, Piazza Lands $8M From Khosla To Bring Recruiting To Its Social Q&A Platform For Students

As free online social tools now play a central role in how we communicate, interact and manage our interpersonal relationships, and as consumerization sweeps through IT and learning, the traditional boundaries between the tools we use to learn, for work and to socialize are becoming increasingly blurry. It’s only natural, then, that students have begun […]

Yahoo Acquires Technical Recruiting Startup Distill

Yahoo just acquired a San Francisco-based startup called Distill, which was working on a way to make technical recruiting easier by pairing video interviews and programming challenges. They had raised $1.3 million in funding from investors including Felicis Ventures, China’s Innovation Works and DN Capital. The startup’s two founders, Deng-Kai Chen and Ken MacInnis, came from Tapjoy, StumbleUpon and Google. […]