Can $18M Make BranchOut The LinkedIn Of Facebook?
Can BranchOut use $18 million in funding to professional networking on Facebook into a massive goldmine?
Despite a recent decline in popularity, BranchOut has managed to secure $18 million to beef up its professional social network on Facebook, all the better for competing with LinkedIn.
The most likely rationale behind the funding is the quality management team and a solid product roadmap, which includes a new feature that was launched today: a jobs tab.
The concept is pretty straight-forward: users on the world’s largest social network can turn to their friends for job recommendations and to recruit through friends as well.
For anybody looking to hire, there’s a good chance that you know how useful LinkedIn can be in discovering high quality talent.
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