Posted on 15 Mar 2008
Jobster Burns Through $45 Million in Three Years
Jobster, the Web 2.0 job site has burned through $45 million since it raised from 2005, a burn rate about $1 million a month. The site, lost about $11 million in 2007, and has less than $3 million in bank, now facing the financial difficulty in operating the business, as reported by ere.net. Its ex-CEO [...]
