Social networking is catching on websites like Orkut, Minglebox.com, MySpace and others are becoming informal hiring grounds. Examples range from IITians, IIM guys and sundry others putting up scraps to find venture partners, websites putting up messages in communities to work on-line to scraps for young journalists to join a publishing and consultancy firm. Scraps, for the uninitiated, are messages. Do they succeed? Ask Mr Govind and you will get an affirmation. He got his start-up partner through Orkut, an IITian who worked in Intel for three years. Besides, he got two engineers from the Indian School of Mines, Dhanbad. He has got seed funding of Rs 20 lakh from NirmaLabs and expects to start operations by April 2007. He hired 3-4 people to scrap about his new company, put them on people’s scrapbooks and not just on communities. And he got a decent response of 1,200 people, including freshers.
Source: 04 Jan' 07 The Economic Times New Delhi Edition