TheLadders.com
From Wikipedia, the free encyclopedia
| TheLadders.com Inc.
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| Type | Private |
|---|---|
| Founded | New York (July 1, 2003) |
| Headquarters | New York, New York, United States |
| Key people | Marc Cenedella, CEO, Founder and Chairman |
| Industry | Job Search Engine Career Advice |
| Products | SalesLadder MarketingLadder FinanceLadder LawLadder HRLadder OpsLadder TechnologyLadder |
| Website | www.theladders.com |
TheLadders.com is an online publisher of job leads for senior level executives. Along with a weekly career and job search advice newsletter, the site features a searchable database of jobs for professionals making more than $100,000 a year. Members receive advice from executive recruiters, hiring managers, professional resume writers and executive career coaches, as well as access to approximately 7,000 jobs each week, which are hand-screened by experts. TheLadders.com also maintains an online community of $100k+ professionals and a professional network of over 20,000 executive recruiters and hiring managers.
The company was featured in Forbes "Best of the Web" and on CNN's Business 2.0.
Contents |
[edit] History and Business Model
TheLadders.com was founded in 2003 by Marc Cenedella after his tenure as senior VP, Finance and Operations, at hotjobs.com. The site inverts the traditional model for job search engines by allowing employers and recruiters to post job listings free of charge, and then hand-sorting each listing for accuracy and authenticity. Unlike other job sites, TheLadders.com is member-funded, resulting in a highly-qualified, targeted candidate pool searching a huge database of high-end jobs. With over 900,000 readers (5 September 2006), it is by far the largest job site of its kind.
The site publishes functionally-targeted web pages for executives in sales, marketing, finance, law, HR, general management, and technology, as well as many other $100k+ functions. It offers free Basic memberships and Premium options, which allow candidates to not only search jobs, but also apply directly to jobs through the site. TheLadders.com Professional Network is also the first ever in which job seekers can reach out to and contact top recruiters and hiring managers. Executive search firms and companies can also search the candidate database for senior-level executive talent.
[edit] Investors
In November 2004 the company secured $7.25 million in expansion capital from top private equity firm Matrix Partners. Early backers include Matrix Partners and a group of private investors, including Kevin Ryan, CEO, DoubleClick (NASD: DCLK) and Board Director, hotjobs.com; Tom Matlack, Megunticook Management; and Robert Chefitz, NJTC Venture Fund.
