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Doostang Connects Elite Young Professionals With In-Demand Jobs

Posted on June 10, 2009
Filed Under Chuck Taylor, Jobs, Social Media | Comments Off on Doostang Connects Elite Young Professionals With In-Demand Jobs

By Dave Mendoza
JOIN DOOSTANG: Recruiters need to email hiring@doostang.com to request an invitation to post jobs into the community.

Doostang helps prestigious employers reach the best candidates for jobs that require an elite academic/employment pedigree. Employers can post their jobs through Doostang, and hiring managers can join the network directly to interact with our members.

Doostang: The Young Professional Job Network
CEO Chuck Taylor talks about Doostang, online networking, and landing a hot job in any economy.



Chuck Taylor
Chief Executive Officer
Contact (650) 533-1854
chuck@doostang.com

Chuck has four years of experience building innovative Web 2.0-enabled career advancement services and has been frequently quoted in articles about the future of online recruiting. At Doostang, Chuck is responsible for bringing to fruition the Founders’ vision of creating the world’s largest elite talent network. Chuck joined Doostang in 2008 from Affinity Circles, where he was responsible for all marketing and business development activities. Prior to joining Affinity Circles, he was director of product marketing for Yahoo!, where he had product P&L responsibility for HotJobs, a $100+ million Yahoo! property serving the online recruitment advertising market. He also worked as a product manager for Progressive Insurance, where he ran a watercraft insurance business with over $7 billion in assets insured. As an operations manager for Procter & Gamble, he boosted manufacturing capacity and return on capital assets within the company’s consumer paper products division. Taylor earned his Bachelor of Science and Master of Engineering degrees in Operations Research and Industrial Engineering from Cornell University, and his Master of Business Administration from Harvard Business School. He resides in the San Francisco bay area.

LinkedIn profile: http://www.linkedin.com/in/chuckinator

Q&A with Chuck Taylor

SixDegreesfromDave: Tell us about Doostang?

Chuck Taylor: Doostang is an exclusive talent network that connects the most talented young professionals with the most prestigious jobs.

SixDegreesfromDave: What does the word Doostang mean? How does it reflect the company’s brand and utility?

Chuck Taylor: Doostang is derived from Latin – “Dos” means talent and “Tango” is the verb to reach for, hence the name of the company means “Reaching for Talent” – which is what Doostang really stands for.

SixDegreesfromDave: When/where was Doostang founded?

Chuck Taylor: Doostang was founded at Stanford University in Summer, 2005 in Palo Alto, CA. Our site launched in Summer, 2006.

SixDegreesfromDave: How is Doostang funded?

Chuck Taylor: Doostang is venture and angel funded. Our first angel investor and Chairman of Board is Andy Rachleff, Co-Founder of Benchmark Capital. Our Venture investor is [Jason Pressman from Shasta Ventures. Other angel investors include Mark Leslie (Former CEO Veritas) and Michael Dearing (Former Head of Product, eBay) who are both also board members.

SixDegreesfromDave: What is Doostang’s target market (users and advertisers)?

Chuck Taylor:
Users: Students and recent graduates of elite universities, colleges and graduate schools, both domestic and international.

Advertisers: Prestigious employers such as Goldman Sachs, Google and Ogilvy, who seek only the most talented candidates for their positions. Doostang features employers in multiple industry verticals, but specializes in financial services and management consulting.

SixDegreesfromDave: How many users and advertisers does Doostang have? How many jobs?

Chuck Taylor: We currently have over 500,000 members, increasing by several thousand every month. Over 5,000 employers have actively recruited from our network, and we currently feature over 25,000 job opportunities.

SixDegreesfromDave: Does Doostang have any strategic partnerships?

Chuck Taylor: Doostang is currently partnered with several prestigious MBA programs, including Wharton, Duke Fuqua, Cornell Johnson, Virginia Darden, Stanford, Berkeley Haas, Northwestern Kellogg, and INSEAD. Our partnerships enable MBA career centers to offer their students special access to Doostang at a preferred discount.

SixDegreesfromDave: What is Doostang’s value proposition?

Chuck Taylor: Doostang helps our members find the jobs they want quickly. We screen millions of job opportunities, and expose only the most desirable ones to our members. We reject agency recruiter positions, helping our members connect directly with employers, and in many cases the hiring manager. Furthermore, we offer collaborative filters to help our members see which employers are most responsive to applications from people like them. Finally, we highlight inside connections within our network who might be able to help them our members get a job they are interested in.

Doostang helps prestigious employers reach the best candidates for jobs that require an elite academic/employment pedigree. Employers can post their jobs through Doostang, and hiring managers can join the network directly to interact with our members.

SixDegreesfromDave: What is your business/revenue model?

Chuck Taylor: We currently allow employers to post jobs to our network for free. We charge our members a small monthly fee to access our Premium Job content, which is a collection of our highest quality and most desirable jobs.

SixDegreesfromDave: What is Doostang’s revenue?

Chuck Taylor: We are still early stage (annual sales less than five million dollars), but growing rapidly.

SixDegreesfromDave: How is Doostang different than other professional networks, like Linked In?

Chuck Taylor: We are not just a networking website – our main focus is connecting great people with great jobs, so our networking functionality specifically facilitates job search. Also, our users tend not to have a large professional network of their own, so we help them connect with fellow college/company alumni for assistance, even if they have no previous relationship with those individuals.

SixDegreesfromDave: How is Doostang different than other subscription job boards, like TheLadders?

Chuck Taylor: We target a much younger and more elite demographic – students and recent grads of top universities, colleges and business schools, and we feature only the most prestigious jobs to our members.

SixDegreesfromDave: What is Doostang’s future growth strategy?

Chuck Taylor: We plan to continue our rapid organic growth, supplemented by strategic partnerships with leading graduate schools and professional organizations.

Why Join?

Fast-track your way to success with a Doostang membership.

 

Discover jobs you won’t see elsewhere.

Our world-class community of talent attracts career opportunities with industry-leading organizations in finance, consulting, media, technology, entertainment and more.

Leverage your inside connections.

We tell you when someone from your personal or alumni network is connected to an opportunity that interests you, then give you tools to leverage this connection and gain an invaluable advantage.

Get hired and stay ahead.

We combine elite job opportunities and a powerful social network to get you results. Thousands of talented professionals have been hired through Doostang. If you qualify for membership, we look forward to helping you too.

 

In the News

May 14, 2009

Hslogol

"
Duke University’s Fuqua School of Business’ MBA Career Management Center is hoping to give its students and graduates an edge in a tight job market. The center is partnering with Doostang, an exclusive online career Web site that brings premier job listings to business school students and alumni. …
"

 
April 6, 2009
Reuters

"
Doostang, an exclusive online career community targeting elite young professionals, today confirmed that The Johnson School of Management at Cornell University has become the latest elite business school to partner with them… "

 
March 20, 2009

Nytimes_logo

"
One of the signature emotions of this particular recession, besides the populist rage that boiled over this week, is a bit of survivor’s guilt. After all, if you still have the same job or salary that you had a year ago, you’re among the lucky ones….
"

 
March 11, 2009
Msnbc_logo

"Doostang, an exclusive online career advancement network for elite professionals, today announced its collaboration with The Wharton School’s MBA Career Management Center to provide first and second year MBA students with complimentary access to Doostang’s premium job and internship listings…"

 
February 27, 2009
Pehub_logo_2

"Years ago I joined a social media/job search hybrid site called Doostang. It’s kind of like LinkedIn, but with the expressed purpose of using “inside connections to get hired.”…"

 
February 18, 2009
Pehub_logo_2

"Recently, my husband and I were at a dinner party when someone suggested a trivia game called “Six Degrees of Separation. The game originated from an offhand remark Kevin Bacon made…"

 
February 9, 2009
Businessweek

"What’s your MBA really worth? Well, a lot depends on what you mean. In their marketing materials, elite business schools focus on starting salaries, which can be quite impressive. But what about 5, 10, even 20 years out?…"

 
October 14, 2008
Wsj

"Despite the recent collapse of several U.S. banking institutions, Stephen Dalli isn’t looking to leave the financial-services sector… Mr. Dalli isn’t alone in his desire to stay on Wall Street – but the ranks are thinner than they used to be, according to a recent survey by reports Doostang.com"

 
October 7, 2008
Wsj

"In today’s tight market, the right resume can land you the right interviews and job. Thanks to Wall Street’s recent turmoil, many people in the financial-services industry are losing their jobs or jumping their sinking ships. A late September poll by Doostang…"

 
October 6, 2008
Crain_logo

"Talk about gloomy outlooks. A new survey from Doostang.com, a popular online career network, finds that 85% of financial services employees believe the economic turmoil roiling the country will continue well past the first quarter of 2009…"

 
June 20, 2008
Nytdealbook

"LinkedIn, a Web site that professionals use to make contacts and trade tips, created quite a stir this week… But LinkedIn isn’t the only Web network for the buttoned-down crowd…"

 
April 11, 2008
Forbes

"It’s the second week in April. April Fool’s Day has come and gone, and the time for joking is over… Since more than three-quarters of employers consider the internship to be the most important determinant in hiring full- time, you probably should have locked down a gig by now…"

 

February 28, 2008

Svsjbusinessjournal

"Mareza Larizadeh, co-founder of Doostang Inc., says the 400,000 users of Doostang.com aren’t trying to keep their business and personal lives separate. The invitation-only job-matching site helps people find positions through friends and former classmates…"

 
October 24, 2007
Usnews

"Your ‘network’ used to refer to folks you played golf with, encountered on the volunteer circuit, or met regularly for cocktails. These days, chances are your network also includes a lot of online connections—and maybe even people you’ve never met…"

 
October 7, 2007
Techcrunch-logo

"We’ve heard that Shasta Ventures put $3.5 million into LinkedIn competitor Doostang, adding to the million or so that they raised previously in an angel round…"

 
October 4, 2007
Time-logo

"In the pre-internet days, neither of us would have even thought of calling each other friends…"

 
September 24, 2007
Cnnmoney

"Social networking sites aren’t just for teens to swap photos and gossip anymore. They’re a great way for adults to set up and maintain professional ties…"

 
August 30, 2007
Businessweek

"Social networking may have started with friends gossiping in high school and college on MySpace, but users are now turning to networking sites for professional reasons as well…"

 
November 7, 2006
Wsj

"Building relationships with recruiters may expose you to career opportunities that you might not learn about otherwise…"

 
October 23, 2006
Time-logo

"A facebook for the Morgan Stanley crowd"

 

January 30, 2006

Wsj-startup-journal

"Twenty-somethings Seth Sternberg and Mareza Larizadeh share a bachelor pad their friends dubbed the ‘happy house’ because the exterior is painted sky blue and murals of farm animals adorn the garage. But located less than a mile from venture capitalists on Sand Hill Road in Palo Alto, Calif., this rented house serves a serious purpose…"

 

Keywords: Doostang, Doostang CEO Chuck Taylor, Doostang Career Networking, Doostang Young Professional Job Network, Reaching for Talent, Elite Job Board, Professional Job Board, Ivy League Job Listings, MBA Job Search, Harvard, Goldman Sachs, Google, Ogilvy, eBay

Doostang Forums allow doostang members to connect with one another in order to help each other find jobs.

Doostang screenshot
Above: Doostang Forums Screenshot — #1
Uploaded: 2/5/08

Doostang Groups

Website doostang.com/groups/mine
Stage Live
Launch Date August 21, 2007
Tags groups

Doostang connects members with other members who have similar interests. The reason for groups is to funnel members together in hopes of creating synergies because of common interests.

Doostang screenshot
Above: Doostang Groups Screenshot — #1
Uploaded: 2/5/08

Doostang Jobs Search

Website doostang.com/jobs
Stage Live
Launch Date August 21, 2007
Tags

jobs

Doostang has postings of jobs which are supplied by members for other members. This is the way that Doostang members facilitate one another getting jobs.

Doostang screenshot
Above: Doostang Jobs Search Screenshot — #1
Uploaded: 2/5/08
Doostang screenshot
Above: Doostang Jobs Search Screenshot — #2
Uploaded: 2/5/08

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