VentureLoop Blog: Jobs, Venture Capital, Emerging Growth Companies

4 of top 10 VC partners are VentureLoop clients

TheFunded, a website that rates VC firms and their partners, has published a new list of top rated venture capital partners.  Four of the top ten VC partners work for VentureLoop clients. 

VentureLoop Launches Internships for Venture-backed Startups with New PitchMe! Feature

San Francisco, California, February 26, 2008 – VentureLoop, the leader in job postings exclusively for venture-backed startups, announced the launch of its 2008 summer internship program targeted at top MBA students who want to work with startup companies. After a successful pilot program in 2007 with Harvard Business School and MIT Sloan, VentureLoop has added student groups from Columbia Business School, University of Texas McCombs, Kellogg at Northwestern, Wharton at Pennsylvania, University of Chicago Graduate School of Business, Stanford University Graduate School of Business and University of California Berkeley Haas MBA program.

The program allows venture-backed companies to post internships and search the student resume database, while students can apply directly to company internships or post their resume to be searched. Unlike typical interns, the students from these programs can step into a job needing no more assistance than any other senior level employee.

“Finding quality startup internship opportunities can be a difficult process, and VentureLoop will be a valuable resource to make the search much easier,” said Josh Miller, an MIT Sloan student and member of the Entrepreneurship & Innovation program. “The site is phenomenal and caters perfectly to the interests of students in the new Entrepreneurship & Innovation program,” added Bennett Fisher, another student in the program.

PitchMe!
A unique feature launched by VentureLoop allows startups to post a generic internship opening and have students “pitch” them on what they could offer for the summer. This gives startups the flexibility to see what help students can offer their venture while allowing students to think creatively about how to “pitch” their skills.

“I really like the PitchMe! feature,” said Sunil Nagaraj, a student at Harvard Business School. “It will allow me to craft a role for myself that demonstrates the unique strengths I can bring to the table that go far beyond what a resume communicates.”

“The internship program has been a great compliment to our regular startup job postings,” said Jeremy McCarthy, CEO of VentureLoop. “We have relationships with several hundred venture-backed startups, and this is a perfect opportunity to connect them with entrepreneurial-minded students at top graduate programs.”

The internship program is open to any company backed by an institutional venture capital firm. Companies can email internship@ventureloop.com to request access to the program at no cost.

About VentureLoop
VentureLoop is the leading website dedicated to job postings for venture-backed startup companies. Founded in 1999, 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 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 Insider Newsletter, which communicates valuable information about startup news, funding, and career advice. Find out more at www.ventureloop.com.

CONTACT:
Melissa Ta
Senior Public Relations Consultant
Melissa@ventureloop.com
www.ventureloop.com

Positve News from the Venture Capital Community

I attended the PwC MoneyTree presentation yesterday for Q4 2007 industry numbers and full year 2007 numbers.  The results are still very positive despite cloudy economic news in the mainstream press.  There is more money to invest than quality investments to fund.  Fund raising is strong for VC firms and appears to be continuing.  And despite large amounts of money waiting to be invested, firms appear to continue prudence with their investment decisions as evidenced by a steady number of deals funded.

Until the M&A and IPO market liquidity hits a big wall, the market for jobs at startups backed by venture capital firms should continue to be strong.  One caution mentioned about liquidity referred to the potential buyout of Yahoo! by Microsoft.  A combined company could limit the number of M&A deals in the software/Internet market with one less major player involved.

See the PwC press release here

See the full report here

Jeremy McCarthy
CEO, VentureLoop

Still Not in the Valentine's Mood? Get an I Love Startups Shirt!

   Click on the image to purchase shirts, mugs, caps, and more!  These items are sold at our cost to make them as affordable for you as possible.

Become a VentureLoop Fan on Facebook!

Simply do a search for "ventureloop" on Facebook, click on the VentureLoop page, and become a fan!  Keep up with all of the great news going on at VentureLoop and let us know what you think.

JumpStart Inc. Selects VentureCareers from VentureLoop to Promote Startup Jobs for Its Portfolio Companies

San Francisco, California, January 28, 2008 – JumpStart, an Ohio venture development firm focused on early-stage startups, announced that it has launched VentureCareers on its website to assist its portfolio companies with their recruiting needs in a tight labor market. Hosted by VentureLoop, a leading provider of software and services to the venture capital and startup communities, VentureCareers will enable JumpStart to offer a valuable resource by directing website visitors to job opportunities at their startup portfolio companies.

“We really like what VentureLoop is doing,” said Becca Braun, Chief Operating Officer of JumpStart. “JumpStart is directly involved in accelerating the growth of our portfolio companies, and this service will be a valuable resource for our growing startups.”

“JumpStart is a great addition to our client base,” said Jeremy McCarthy, CEO of VentureLoop. “JumpStart invests in high-growth potential companies in Northeast Ohio and offers more geographical variety to candidates interested in joining hot startup companies.  Potential candidates visiting their website will now have the ability to view jobs for software engineers, marketing, sales, and more.”

About JumpStart

JumpStart (www.jumpstartinc.org) accelerates the growth of early-stage businesses and ideas into venture-ready companies by delivering vital, focused resources to entrepreneurs in Northeast Ohio. JumpStart identifies and invests in early-stage companies that have strong potential in the marketplace, solid prospects for high growth, and are likely to qualify for later-stage funding. Beyond investing, the JumpStart team of experienced Entrepreneurs-in-Residence provides a continuum of business development services to its client and portfolio companies to help ensure their success.

About VentureLoop

VentureLoop is the leading website dedicated to job postings for venture-backed startup companies. Founded in 1999, 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 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 Insider Newsletter, which communicates valuable information about startup news, funding, and career advice. Find out more at www.ventureloop.com.

Hummer Winblad Venture Capital Firm Selects VentureCareers from VentureLoop to Promote Startup Jobs for Its Portfolio Companies

San Francisco, California, January 23, 2008 – Hummer Winblad, a leading San Francisco venture capital firm, announced that it has launched VentureCareers on its website to assist its portfolio companies with their recruiting needs in a tight labor market. Hosted by VentureLoop, a leading provider of software and services to the venture capital and startup communities, VentureCareers will enable Hummer Winblad to offer a valuable resource by directing website visitors to job opportunities at their startup portfolio companies. 

“VentureCareers will be a great asset for our growing portfolio companies,” said Ann Winblad, co-founder and Managing Director of Hummer Winblad. “We are committed to helping our entrepreneurs build their companies, and this service will allow us to assist in building their team without adding administrative overhead.” 

“We’re very pleased to add Hummer Winblad as a client,” said Jeremy McCarthy, CEO of VentureLoop. “Hummer Winblad has a great portfolio of companies, and potential candidates visiting their website will now have the ability to view jobs for software engineers, product management, accounting, finance, sales, and more.”

 About Hummer Winblad

Hummer Winblad Venture Partners (www.humwin.com) was founded in 1989 as the first venture capital fund to invest exclusively in software companies. Through our history, we’ve had the opportunity to invest in the pioneers and leaders of several generations of software applications, architectures, delivery methods and business models.

About VentureLoop

VentureLoop is the leading website dedicated to job postings for venture-backed startup companies. Founded in 1999, 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 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 Insider Newsletter, which communicates valuable information about startup news, funding, and career advice. Find out more at www.ventureloop.com.

 

CONTACT:

Melissa Ta
Senior Public Relations Consultant
Melissa@ventureloop.com

VentureLoop Sees Dramatic Increase in Venture-Backed Startup Jobs

SAN FRANCISCO, CA--(Marketwire - October 9, 2007) -  While some sectors of the job market might be cooling off, VentureLoop, the world's leading career website dedicated exclusively to venture-backed startup jobs, has seen a surge in hiring activity in the venture-backed market for 2007.

"Our business is seeing unprecedented growth," said Jeremy McCarthy, VentureLoop's CEO.  "Portfolio companies are telling their venture investors that they can't find the talent needed to grow, and the venture capital firms are turning to us for help. A strong economy and competition for talent from established technology firms have created a very tight market, so venture capital firms enlist VentureLoop to provide the products and services that help their portfolio companies find the employees they desperately need."

According to the National Venture Capital Association, venture capital firms raised $27.9 billion in 2005 and $30.3 billion in 2006.  That is almost equal to the combined amount raised from 2002 to 2004 ($32.9 billion).  And 2007 looks to be keeping a similar pace to 2006.

Venture capital firms have been actively raising funds from limited partners over the past three years, and that money has to be invested.  Add the recent hedge fund phenomenon of startup investment competition, and you can see the makings of a very healthy market for startup funding.  When those companies get funding, they must quickly hire talent to meet development, sales and marketing goals.  The resurgence in the IPO and acquisition markets is also pressuring companies to grow now and exit while valuations are high.

About VentureLoop

VentureLoop is the leading website dedicated to job postings for venture-backed startup companies.  Founded in 1999, 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 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 Insider newsletter, which communicates valuable information about startup news, funding, and career advice.  Find out more at www.ventureloop.com.

CONTACT:
Melissa Ta
Senior Public Relations Consultant
melissa@ventureloop.com
www.ventureloop.com