Contact:
Channa Brooks, Tenor Communications for NVCA, channa@tenorcom.com, 302-368-2345
Robin Bectel, New Venture Communications for StartUpHire, rbectel@newventurecom.com, 571-312-1448

NEARLY 11,000 JOBS AVAILABLE AT VENTURE-BACKED START-UPS

NVCA and StartUpHire Celebrate Global Entrepreneurship Week with “Help Wanted” Initiative

November 16, 2009, Arlington, VA — Thousands of America’s venture capital-backed start-up companies are bucking the job-cutting trend and actively seeking new employees, according the National Venture Capital Association (NVCA) and the job board StartUpHire.com. Despite mounting job losses nationwide, StartUpHire currently lists nearly 11,000 jobs available at more than 2,500 companies across various industries, states, and job functions.

As part of Global Entrepreneurship Week 2009, the NVCA and StartUpHire will highlight the contributions of these young entrepreneurial companies to economic growth by:

• Releasing jobs data by geography, industry, and job function on both websites throughout the week.
• Creating a permanent link from the NVCA website to the StartUpHire website so that job seekers can easily connect to openings at venture-backed companies.
• Publishing testimonials from start-up company employees on their work experiences – all in 140 characters or less. To submit your start-up story please visit www.startuphire.com/stories by Wednesday, November 18, 2009.

The two organizations first partnered to report venture-backed job availability in early 2009.  The job listings on StartUpHire represent an important segment of the total jobs at venture-backed companies nationwide.

“Global Entrepreneurship Week celebrates the risk-taking, innovative thinking, and passion that drive entrepreneurs to build sustainable companies,” said Mark Heesen, president, National Venture Capital Association. “A significant factor of entrepreneurial success is hiring the right people, a tenet for which venture capitalists have a daily appreciation. This week we join the rest of the world in formally honoring those employees who take the risks necessary to grow our start-up community and build the U.S. entrepreneurial economy,” Heesen added.

“It should be noted that the value of StartUpHire goes beyond the actual job listings. These companies are not only creating jobs but they are doing so in the industries which will keep America competitive both economically and technologically.  Start-up companies engender an  entrepreneurial culture that lives long after the early days, often inspiring employees to spin out and create entirely new companies with what they have learned,” said Steve Fredrick, partner, Grotech Ventures and a founder of StartUpHire.

Please visit the NVCA and StartUpHire websites each day this week to see more details about job availability at venture-backed companies:

• Tuesday, November 17 – venture-backed job openings in each state and region
• Wednesday, November 18 – venture-backed job openings parsed by industry
• Thursday, November 19 – venture-backed job openings listed by function (marketing, sales, etc.)
• Friday, November 20 – release of start-up “short stories”: 140 character testimonials from venture-backed employers and employees

The National Venture Capital Association (NVCA) represents more than 400 venture capital firms in the United States. NVCA’s mission is to foster greater understanding of the importance of venture capital to the U.S. economy, and support entrepreneurial activity and innovation.  According to a 2009 Global Insight study, venture-backed companies accounted for 12.1 million jobs and $2.9 trillion in revenue in the U.S. in 2008. The NVCA represents the public policy interests of the venture capital community, strives to maintain high professional standards, provides reliable industry data, sponsors professional development, and facilitates interaction among its members. For more information about the NVCA, please visit www.nvca.org.

StartUpHire is the job search engine dedicated to recruiting exceptional talent to jobs at venture capital-backed companies.  Our mission is to connect talented individuals to exciting career opportunities at venture-backed startups and to accelerate the team building process for companies and their investors.  These are some of the most rewarding careers on the planet, but they historically have been difficult to identify.  StartUpHire sponsors include Argy, Comerica, Calysto, Cooley, DLA, GlobalLogic, MMV Financial, Morrison Foerster, New Venture Communications, SIIA, and Sonnenschein. www.StartUpHire.com.

Those of you who visit regularly, or who subscribe to our automated email alerts, know firsthand that there are thousands of job openings at venture backed companies with hundreds more added each week.  One compelling aspect of the venture ecosystem is that certain companies eventually break ahead of the pack.  Identifying these companies is of course a difficult task; however, hitching your career to a rising star can lead to phenomenally positive results – rewarding work, career advancement, endless opportunity, and financial wealth.  While company financial statements provide the optimal guidance here, this data is unavailable to the public and is rarely shared with employees.   Job creation, on the other hand, is directionally available in the form of job postings which provide the best available public proxy for company growth.

StartUpHire has compiled a list of the fastest growing start-ups in major metropolitan markets based on current job openings and positions available during Q2.  These are the teams which are most actively expanding in today’s recessionary climate, a proxy suggesting strong business models and/or deep conviction that the future is promising.  Here are the fastest growing VC backed companies in select geographies:

In Boston:  Acceleron Pharma, CambridgeSoft, Turbine, ITA Software, Kronos, Senior Whole Health, Zipcar, Gomez, E Ink, Acquia.

In the San Francisco Bay Area inclusive of Silicon Valley:  Tesla Motors, Facebook, Nexant, Trion World Network, Workday, Silver Spring Networks, LinkedIn, Adchemy, Rearden Commerce, Linden Lab.

In the New York Metro Area:  Yodle, Gilt Groupe, Acelero Learning, Undertone Networks, Mimeo.com, Liquidnet Holdings, GAIN Capital Group, Collective Media, Howcast Media, BizBash.

In Southern California:  SpaceX, AccentCare, Demand Media, ReachLocal, MyLife.com, GreatCall, Rubicon Project, LRN, Covario,  eHarmony.

In the Baltimore-Washington Corridor:  SecureInfo, MacroGenics, mindSHIFT Technologies, SPADAC, TV One, Cvent, Positive Energy, Metastorm, SunEdison, Millennial Media.

In Seattle:  Liberty Dialysis, The Cobalt Group, SeaMobile, Genoa Healthcare, WhitePages.com

In Austin:  Bazaarvoice, NetSpend, LifeSize Communications, HomeAway, Molecular Imprints

In Philadelphia:  Catapult Learning, Vitalize Consulting Solutions, Globus Medical, ICG Commerce, Octagon Research Solutions

In Denver-Boulder:  Webroot Software, Pharmaca Integrative Pharmacy, WildBlue Communications, Rally Software, OPX Biotechnologies

In Atlanta:  SecureWorks, Cypress Care, Altea Therapeutics, MFG.com, Purewire

It is truly a great time to explore opportunity at the thousands of venture backed companies which are actively hiring!  Consider leveraging StartUpHire email alerts to put this on autopilot – define your search criteria and elect to be notified either weekly or daily as new positions matching your criteria become available.