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Current DateTime: 04:25:41 25 Nov 2009
LinksList Documentid: 31388230
Expiration DateTime: 11/25/2009 4:27:10 PM
    • Shopper & Investor Deals  2 hrs ago

        A look at what's likely to happen at the registers once the doors open on Friday, with Richard Hastings, Global Hunters Securities; Richard Jaffe, Stifel Nicolaus & Co. and CNBC's Jane Wells.

    • Black Friday: Bargain or Bust?  5 hrs ago

        Whether the deals are better than what shoppers will usually see or if it is just another marketing tactic, with Hitha Prabhakar, Style File Group; Brad Wilson, BlackFriday2009.com and CNBC's Jane Wells.

    • Holiday Central  6 hrs ago

        A discussion of the many ways retailers are preparing for Black Friday, live from K-Mart in Burbank, CA, with CNBC's Jane Wells.

    • Retailers Getting Ready for Black Friday  11 hrs ago

        Retailers are getting ready for Black Friday, and CNBC's Jane Wells has the play by play. Stacy Janiak, of Deloitte, shares her insight.

    • Amazon vs. Wal-Mart  24 Nov 2009

        What began as a price war between Wal-Mart and Amazon over a handful of books has nos spread to a wide assortment of consumer goods. Lee Eisenberg, a noted retail expert and consumer behaviorist, and CNBC's Jane Wells discuss.

    • Prices to Be Thankful For  24 Nov 2009

        A decrease in food prices is something to be thankful for this holiday, reports CNBC's Jane Wells.

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Current DateTime: 04:25:41 25 Nov 2009
LinksList Documentid: 31388237
Expiration DateTime: 11/25/2009 4:27:17 PM
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Funny Business

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Jan.05
2:02 PM ET
Monday, 5 Jan 2009
Can This Web Start Up Make Money? (Pt 2)
Posted By:Jane Wells
Sectors:Media

More on today's coverage of Silicon Valley start-up www.Glassdoor.com, which lets employees post salaries and review their firms--all anonymously. In the last post I gave you an overview of the website. In this post, will the company itself thrive?

Glassdoor was started about a 18 months ago by three men who created Expedia--Robert Hohman, Tim Besse, and Rich Barton (who went on to create Zillow.com). In December 2007, they raised $3 million with Benchmark, followed by $6.5 million from Sutter Hill Ventures.

Hohman, the CEO, says this gives the company a nice cushion for the next couple of years. So...what then? In the block of tape we've posted here, Hohman describes some of the ways he hopes to monetize the explosive growth of users and data Glassdoor is taking in, though he admits the critical step is getting more traffic. "I don't think people understand how much traffic you need to have an ad-based business."

I also asked him if he posted his own salary on the site. He did, eventually (it's officially listed as being in a range of $193,000-$208,000), but he hesitated to go public. Hypocritical? You'll hear his explanation in this clip.

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