Doostang is an interesting concept built upon the belief that over 50% up to 70% of recruiting today is done through the personal network of contacts and a large portion of which is done by email communication. Using your personal network is the most effective way to find the right candidate for a position and to find the perfect job. It eliminates the need to either post a job to an irrelevant audience or to search through the multitude of jobs available on the Internet or newspapers that would be of no interest to you. Doostang provides the infrastructure to connect personal networks together and to create a natural quality filter for recruiting and job searching.
Essentially Doostang is an online career community that connects people through personal relationships and affiliations. Members use Doostang to share relevant career opportunities and to interact with one another.
Below is how Doostang is different.
Using traditional online job websites, we got frustrated. If you’re searching for a new position and looking through hundreds of jobs, you’re lucky to find one that interests you but probably won’t hear back. On the other hand, as a recruiter, you may often find yourself inundated with irrelevant resumes when posting a position online.
Doostang recognizes the power of good information, especially when it comes to your career. Over 70% of jobs are, after all, filled through referrals. Doostang’s network offers immediate access to relevant people and opportunities through shared friends.
We’ve seen students, those who are happily employed, those looking for an exciting new job, recruiters, and fans of the community invite their friends to join the Doostang Network. In fact, tens of thousands of people are on Doostang just to help. By being a member and connecting people who are looking for a job or candidate, you are also building your own network on Doostang. In doing so, you are making more opportunities available for yourself and your friends down the line should you ever need to change your job or look for a great candidate.
Doostang’s motto is “reclaim your career”. It encourages its users to doo the same; share opportunities with your friends by posting any interesting jobs you receive on Doostang. Collaborating will create more job opportunities than those that currently exist for all of us today.
Groups and Forums
Create groups to interact with members from your school, company, or with similar interests. Post questions, suggestions, and answers to our forums, and engage the community in meaningful discussion.
The company’s founders are Mareza Larizadeh and Pavel Krapivin. Doostang, once used to be in San Francisco, is today based in Palo Alto, CA. The latest publicly available number of registered users with Doostang is 300,000.
The company has recently closed its $3.5M series A round of funding from Shasta Ventures. It comes on top of $1M angel round previously invested in the company. Total funding is already $4.5M.
The space is extremely overcrowded with major players like Monster, LinkedIn and believed Facebook too, VisiblePath, among others.