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	<title>StartupNorth &#187; JobLoft post Dragon&#039;s Den</title>
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		<title>JobLoft post Dragon&#039;s Den</title>
		<link>http://startupnorth.ca/2007/06/28/jobloft-post-dragons-den/#__lsa=c5a0b906</link>
		<comments>http://startupnorth.ca/2007/06/28/jobloft-post-dragons-den/#comments#__lsa=c5a0b906</comments>
		<pubDate>Thu, 28 Jun 2007 21:22:16 +0000</pubDate>
		<dc:creator>Jonas Brandon</dc:creator>
				<category><![CDATA[Ontario]]></category>
		<category><![CDATA[Startups]]></category>
		<category><![CDATA[Toronto]]></category>

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		<description><![CDATA[All this talk of Dragon&#8217;s Den got me thinking about Job Loft, a map based job website for the retail, food service, and hospitality industries. For those of you who don&#8217;t know&#8230; Job Loft made a great pitch on Dragon&#8217;s Den, was offered $200,000 for 50% of the company, and had a bad first date [...]<img src='http://analytics.lymbix.com/lsa_tracking/impression?campaign_id=&amp;user_id=c698b310-8884-ffb7-9e73-84e69d6a14ac&amp;referring_url=&amp;current_url=http%3A%2F%2Fstartupnorth.ca%2F2007%2F06%2F28%2Fjobloft-post-dragons-den%2F%23__lsa%3Dc5a0b906&amp;user_agent=rss-feed&amp;impression_time=Wed%2C+16+May+12+22%3A51%3A57+%2B0000&amp;generated_id=c5a0b906&amp;referer_id=' size='1x1'/>]]></description>
			<content:encoded><![CDATA[<!-- Start Shareaholic LikeButtonSetTop Automatic --><div style="clear: both; min-height: 1px; height: 3px; width: 100%;"></div><div class='shareaholic-like-buttonset' style='float:none;height:30px;'><a class='shareaholic-fblike' data-shr_layout='button_count' data-shr_showfaces='false' data-shr_href='http%3A%2F%2Fstartupnorth.ca%2F2007%2F06%2F28%2Fjobloft-post-dragons-den%2F' data-shr_title='JobLoft+post+Dragon%26%23039%3Bs+Den'></a><a class='shareaholic-googleplusone' data-shr_size='medium' data-shr_count='true' data-shr_href='http%3A%2F%2Fstartupnorth.ca%2F2007%2F06%2F28%2Fjobloft-post-dragons-den%2F' data-shr_title='JobLoft+post+Dragon%26%23039%3Bs+Den'></a><a class='shareaholic-tweetbutton' data-shr_count='horizontal' data-shr_href='http%3A%2F%2Fstartupnorth.ca%2F2007%2F06%2F28%2Fjobloft-post-dragons-den%2F' data-shr_title='JobLoft+post+Dragon%26%23039%3Bs+Den'></a></div><div style="clear: both; min-height: 1px; height: 3px; width: 100%;"></div><!-- End Shareaholic LikeButtonSetTop Automatic --><p><a title="JobLoft2" rel="attachment wp-att-70" href="http://www.startupnorth.ca/2007/06/28/jobloft-post-dragons-den/jobloft2/"><img style="padding: 12px;" src="http://www.startupnorth.ca/wp-content/jobloft1.png" border="0" alt="JobLoft2" align="left" /></a>All this talk of Dragon&#8217;s Den got me thinking about <a href="http://www.jobloft.com">Job Loft</a>, a map based job website for the retail, food service, and hospitality industries.</p>
<p>For those of you who don&#8217;t know&#8230; Job Loft made a <a href="http://www.youtube.com/v/Z9EkablfWVk">great pitch</a> on Dragon&#8217;s Den, was <a href="http://www.youtube.com/v/lj8MNEgiDTU">offered $200,000</a> for 50% of the company, and had a bad first date with the Dragons, who by the end of the meeting <a href="http://www.youtube.com/v/vdbThklcD_8">tore up the $200,000 check</a>. The clips are embedded for your viewing pleasure after the jump.</p>
<p>All&#8217;s well that ends well&#8230; and despite the Dragon&#8217;s Den debacle, Job Loft is doing great.</p>
<p>After one year in business they have already sold over 12,000 job postings &#8211; targeting industries with 67% turnover was a good idea. Job Loft is expanding across Canada &#8211; localizing the site into French to conquer Quebec. And a new hosted / embeddable job site has been added to the product mix. What about funding you ask? Well after the check was torn up on national tv, a number of investors came knocking &#8211; with a much higher valuation.</p>
<p>An exception to the Dragon&#8217;s Den Curse? Maybe. I would attribute it to their positive attitude. From their <a href="http://www.jobloft.com/blog/2006/11/22/jobloftcom-the-suns-still-shining-outside-the-den/">blog</a>: &#8220;So what did we do the day after that boardroom meeting? Business as usual.&#8221; And sure, Job Loft is in a <em>monstrously</em> competitive industry, but a laser focus on being &#8220;the #1 destination in Canada for online recruitment within retail, food services, and hospitality&#8221; has served them (and their customers) well. My guess is that the dragons are kicking themselves for not investing in Job Loft.</p>
<p><a href="http://www.jobloft.com/feedback.aspx">Contact: Chris Nguyen, Director of Business Development</a></p>
<p><span id="more-67"></span></p>
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