Incubator Helps Online Social-Recruitment Tool Take Off AngelPad helps RolePoint, an online recruitment platform, think bigger.
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The startup: RolePoint, an enterprise-level social-recruitment platform that helps companies find new talent through recommendations from current employees. The startup graduated in May 2012 from San Francisco accelerator AngelPad, which works mainly with web technology companies. AngelPad runs two sessions per year and accepts about 12 startups to each; the most recent program drew some 2,000 applicants.
What it is: While working for a large investment bank in London, Chris Le Breton received an e-mail from a colleague seeking referrals for a new hire. Numerous messages on the subject went around internally, sparking Le Breton's "aha" moment: Companies aren't efficiently leveraging their own employee networks to fill job openings.
"Referrals are valued beyond any other hire in companies, and really not much work has been done around that to help the process or help people internally hire for their companies," says Le Breton, who now serves as RolePoint's CEO.
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