Home | Contact Us | Call (888) 326-9933 | info@CharterGlobal.com | Careers | Our Blog |

LinkedIn’s Approach Isn’t the Only Way of Doing Things

LinkedIn’s Approach Isn’t the Only Way of Doing Things

Newcomers are getting more attention for their alternatives

By George Anders

Talent Sky has raised $10 million and has signed up 16 large corporations as early users of its system. Is LinkedIn losing its weight?

This has been a miserable month for LinkedIn. The company’s stock crashed 45% in a single day, amid news of abruptly slowing growth rates, and investor sentiment remains chaotic at best.

The world hasn’t abandoned interest in LinkedIn’s overall category: providing social networks that build upon users’ professional identities. But there’s a lot more interest in the notion that LinkedIn’s approach isn’t the only way of doing things. Newcomers are getting more attention for their alternatives. Among them is Rick Devine, a one-time executive recruiter who now runs TalentSky.

Devine’s key insight is that LinkedIn’s business is optimized for recruiters. These talent-hunters want to see lots of job candidates’ profiles — particularly capable, contented specialists who don’t look at job ads but might be open to new opportunities if contacted the right way. Recruiters will pay a lot for such access, and LinkedIn has a well-built tier of products to make recruiters’ lives easier.

Read more at Forbes