From Austin Business Journal, September 9, 2008...
Job search company Itzbig Inc. closed its doors for good last week.
The privately held interactive network for career seekers was unable to secure the additional funding necessary to continue to operate, according to an email from CEO Jim McGovern.
Itzbig, which launched just a year ago, used a unique model in an attempt to stand out in the crowded job search services market. The company allowed recruiters to post jobs and job seekers to respond to posts both for free. Companies had to pay according to how many respondents’ resumes they wanted to see.
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