Capital2's Blog

Recruitment and Career advice for the High Tech and Banking Industries

Final Quarter!!!

Heads down and crack on for the end of the year!
We’ve gone through a bit of a company reorganisation, couple of leavers, couple of hires in the pipeline.
An eventful couple of months and very bureaucratic, but now that’s done we can concentrate on hiring for our clients!
September was positive – hires made in Germany, Poland, France and Italy.
2009 is paid for – the last quarter is now abou maximising profit.
Good luck all!

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October 2, 2009 Posted by | Uncategorized | , , , , , , , , , , , | Leave a comment

Interesting FT viewpoint on the Venture Capital market

Here at Capital2 we try to work with upcoming technology companies across EMEA. These smaller, dynamic organisations are the real drivers behind the entire ‘technology’ market as they bring innovation, new ideas and cutting edge techniques to the wider sector.
However according to the FT article pasted below which appeared on http://www.ft.com on the 28th August, the Venture Capital market (which supplies the funding for these start-ups), could be in a precarious position.
So, what coul dbe the fall out from this?? Read the article and see!!
Venture capitalists are professional optimists – they have to be. How else could they keep investing in new businesses where the obstacles to success would seem insurmountable to most people?

But sometimes reality just has to be faced, and the reality in front of the VC industry right now is not pretty.

Bill Gurley of Benchmark Capital sums it up here: half the industry could be swept away by the current downturn (though as an optimist, he clearly thinks he will end up in the fortunate half).

I confess to being one of those who has (wrongly) anticipated this moment for years – since the tech bust that began the decade, in fact. So why didn’t it happen before, and why will it come now?

The way Gurley, whose past investments include SecondLife, OpenTable and Shopping.com, describes it, the venture capital business is really little more than a cork bobbing about on the turbulent sea of private equity. Forget VC investment returns, which in aggregate have been pretty woeful for years: that didn’t stop the money from continuing to pour in, as institutions continued to “rebalance” their portfolios towards illiquid investments.

I had thought that the glaring over-capacity in VC in the wake of the tech bust would force a shake-out. But in a private market where valuations represent estimates and it can take many years for the final reckoning to arrive, I guess that belief now looks a little naive.

What matters now, as Gurley points out, is the wholesale flight from illiquid investments that has set in. The endowment world has been traumatised by its excessive fondness for private equity and presumably won’t make that mistake again (well, not for a while, anyway). The managers who committed the error have moved on and the next bunch will discover a new fondness for liquidity.

How much does this matter to the technology start-up world?

I continue to believe that a significant reduction in available capital needn’t prevent good businesses from getting backing, or hold back the overall level of innovation in the economy. Silicon Valley revels in the glorious waste that comes from having many entrepreneurs chasing the same business opportunities, on the grounds that this Darwinian mess will eventually yield a handful of successful companies.

But how many online video sites or thin-film solar start-ups does the world need, and why should the funding of marginal players do anything to increase the chances that the best companies will rise to the top? (They would rise to the top anyway, with or without the garbage.)

So, bring on the shake-out.

There’s just one thing, though. Given the nature of the business, Gurley reckons it could take five years or so. It’s probably better not to hold your breath waiting for this one.

August 31, 2009 Posted by | Uncategorized | , , , , , , , , , , , | Leave a comment

Social Networking and Job Searches

Interesting stuff from Reuters.
LOS ANGELES (Reuters) – Job-seeking in this 21st century recession may just have gone viral and mobile.

Since the start of the recession in December 2007, about 6.7 million workers have been laid off according to latest statistics — at a time the popularity of social networking sites such as Facebook, LinkedIn and Twitter have exploded, drawing millions of users per day.

As these sites continue to alter social and cultural landscapes, they are also transforming the job search process, enabling more and more people to connect with potential employers, promote their own skills, set up support groups and search for job leads and contacts.

“Mobile technology and social networking has shifted the whole job search paradigm,” said Susan Joyce, editor of Job-Hunt.Org, a site offering online job search tips. “You don’t need to stay glued to your phone or computer at home anymore.”

With mobile devices playing a bigger role in the social networking phenomenon, any job hopeful with a Web-connected or smartphone can now compose resumes, view job listings and contact prospective employers on the go.

Joyce suggests creating a resume through popular networking site LinkedIn — a business networking site that lets users create a profile, list skills, work history, employment goals and contact details — is among the more secure ways to compile a resume online.

It can be done via Research in Motion Ltd’s Blackberry device or Apple Inc’s iPhone, she added.

“The LinkedIn Profile is really the resume of the future,” Joyce said. “The ‘resume’ on LinkedIn is really the standard LinkedIn Profile, but it’s very popular with recruiters looking for good candidates.

“You could build your whole LinkedIn presence from any Web-enabled phone.”

There are any number of job-search applications — downloadable programs for your phone — available for the iPhone, for instance, including one piloted by recruitment consultancy Harvey Nash. Others pool information on jobs in travel and in education, among other sectors.

GETTING CREATIVE

With jobs still scarce, many hopefuls are getting creative about getting noticed. Many have begun using Twitter — a microblogging service that allows users to send 140-character messages at a time — to get the word out.

A career is unlikely to be launched on Twitter alone, but candidates are increasingly “tweeting” or posting messages to outline their skills, experiences and career goals. They are pasting links to their resumes on the micro-blogging service.

People can also use Twitter to follow recruiters or companies of interest and learn of networking events.

August 12, 2009 Posted by | Uncategorized | , , , , , , , , , , | Leave a comment

Finally – the world’s worst kept secret revealed!

(From the BBC)
Yahoo and Microsoft have announced a long-rumoured internet search deal that will help the two companies take on chief rival Google.

Microsoft’s search engine will power the Yahoo website and Yahoo will in turn become the advertising sales team for Microsoft’s online offering.

Yahoo has been struggling to make profits in recent years.

But last year it rebuffed several takeover bids from Microsoft in an attempt to go it alone.

Microsoft boss Steve Ballmer said the 10-year deal would provide Microsoft’s search engine, Bing, with the necessary scale to compete.

“Through this agreement with Yahoo, we will create more innovation in search, better value for advertisers, and real consumer choice in a market currently dominated by a single company,” said Mr Ballmer.

In return for ceding control of its search engine, Yahoo will get to keep 88% of the revenue from all search ad sales on its site for the first five years of the deal, and have the right to sell adverts on some Microsoft sites.

‘New era’

Yahoo said the deal would benefit Yahoo’s users and advertisers.

“This agreement comes with boatloads of value for Yahoo, our users, and the industry. And I believe it establishes the foundation for a new era of internet innovation and development,” said Yahoo chief executive Carol Bartz.

The deal became possible after Yahoo’s co-founder Jerry Yang stepped down as chief executive of the company late last year.

“Only a Yahoo outsider like Ms Bartz could do such a deal,” said Tim Weber, business editor of the BBC News website.

“She has no sentimental attachment to what was once the core of Yahoo, its search business. Microsoft was helped by the fact that at long last it managed to develop a search engine -Bing – that is a credible alternative to search giant Google.”

Yahoo said the deal would boost annual operating income by $500m and secure $200m in savings.

July 29, 2009 Posted by | Uncategorized | , , , , , , , , , , , | Leave a comment

Microsoft in the cloud!

So Microsoft are challenging Google on the SaaS front now, by making various Office programmes available on-demand. This is widely seen as a reaction to Google launching their own OS recently.
Interesting times ahead if these two giants continue to circle each other!

July 15, 2009 Posted by | Uncategorized | , , , , , , , , , , , | Leave a comment

Environmental Issues / Carbon Footprints / Green Stuff

We here at Capital2 Solutions are a fairly committed bunch; committed to success and committed to delivering to our clients and candidates. We are also committed to running our business ethically and in an environmentally friendly way, here’s a list of some of the ways in which we try to limit the impact we have on the world around us:

1) Travel. Our international markets mean that staff often have to travel to meetings in other countries across Europe. Sometimes these meetings are called at short notice which necessitates the use of air travel. However every trip on the plane is off set by the next one being done via public transport… train usually.

2) Company car policy….. all company vehicles are to be as low on emmissions as possible. No 4X4s or Ferraris unfortunately.

3) All waste paper products are re-cycled and printing is kept to a minimum, all our paper products come from sustainable forests.

4) Any hardware is sent to specialists in order to be re-configured and sold on, rather than dumped.

5) Our research team use the internet extensively. However instead of the ubiquitous Google we endeavour to use Blackle.com which is comparatively more energy efficient.

6) We endeavour to use suppliers with a similar level of commitment to the environment as we have.

These are small steps, but every little helps and whilst we are far from being activists, we feel that everyone and every company has a duty to minimise the negative physical impact they have on the world.

April 3, 2008 Posted by | Capital2, The Team | , , , , , , , , , , , | Leave a comment

Félicitations

Congratulations from all associated with Capital2 Solutions to Mathieu Bruckert and his partner Sabrina who have recently had a baby boy called Lucas.

All well wishers feel free to email Mathieu direct as he will be picking up emails whilst on parental leave….. that’s dedication for you! However given the fact he will be surviving on little sleep, we take no responsibility for the sanity of his replies.

April 2, 2008 Posted by | Capital2, The Team | , , , , , , , , , , | Leave a comment

Pause déjeuner : des habitudes très contrastées chez les salariés européens

48% des salariés français prennent un vrai repas à table contre seulement 34% des européens en moyenne !Selon l’un des tous derniers sondages menés par Monster auprès des salariés européens, la culture du déjeuner varie très sensiblement d’un pays à l’autre du continent.

Les salariés d’Europe de l’Est sont les plus nombreux à prendre un vrai repas à table, une habitude notamment observée chez plus de 60 % des salariés tchèques. Dans les pays comme l’Italie, la France ou la Suisse, connus pour leur amour de la bonne chère, respectivement 53 %, 48 % et 46 % des salariés prennent quotidiennement un vrai déjeuner à table, contre seulement 8 % des Suédois et 6 % des Danois.

Dans le cadre de son baromètre mensuel, Monster a posé la question suivante à 17 302 salariés européens dont 2422 français : qu’est-ce qu’une « pause déjeuner » pour vous ?


Voici les principaux résultats de cette enquête :

• Les français interrogés répondent :

48% : Un vrai repas à table
24% : Une balade et un petit en-cas
24% : Un sandwich à mon bureau
4% : Je ne déjeune pas
Total: 2422 Vote(s)

• Les européens interrogés répondent :

35 % : Un sandwich à mon bureau
22 % : Une ballade et un petit en-cas
34 % : Un vrai repas à table
9 % : Je ne déjeune pas
Total : 17 302 votes

Mieux vaut ne pas manger son sandwich bureau…

Les scientifiques s’accordent à dire que d’un point de vue bactériologique, le bureau est un espace 400 fois plus sale que des toilettes normalement entretenues. Malgré cette réalité, le Baromètre Monster indique que plus de 73 % des employés de bureau en Suède et 38 % de leurs homologues belges font encore le choix du sandwich au bureau en guise de déjeuner contre seulement 24%des salariés français.

L’impasse sur le déjeuner

C’est en Pologne (21 %) et en Hongrie (18 %) que l’on observe la proportion la plus élevée de salariés faisant totalement l’impasse sur le déjeuner, tandis que les français (4 %) et les Néerlandais (5 %) sont les moins adeptes de cette pratique.

« Notre enquête démontre bien que si les pratiques professionnelles sont assez proches à travers le continent, les salariés européens adoptent en revanche des attitudes très différentes sur le terrain de la “vie sociale” au travail, et notamment en matière de pause déjeuner », déclare Andrea Bertone, PDG de Monster France et Europe du Sud.

Ballade & sandwich

Parmi les personnes interrogées, les salariés finlandais présentent la particularité d’être deux fois nombreux (58%) par rapport à la moyenne européenne à profiter de leur pause déjeuner pour se balader et prendre un en-cas.

« Le fait de prendre un vrai repas au déjeuner peut également avoir des effets bénéfiques en terme d’énergie et permettre à un employé d’être plus productif l’après-midi. Ceux pour qui faire une pause et quitter son bureau à l’heure du déjeuner semble relever de l’impossible trouveront sur le site de Monster de nombreux conseils pour les aider à mieux gérer leur temps », conclut Andrea Bertone, PDG Monster France et Europe du Sud.

March 26, 2008 Posted by | random | , , , , , , , , , , | Leave a comment

Happy St Patricks’s Day

Don’t you just love St Paddy’s Day……. an excuse to wear a green wig and drink guinness.

March 17, 2008 Posted by | random | , , , , , , , , , , | Leave a comment

Interesting Links

Following on from our reading list, quotes and heros threads…. here are a selection of websites that the Capital2 Solutions teams favour for work and personal reasons (management disclaimer [no free speech here!]… these links appear without the prior agreement of the sites):

www.reuters.com – gives the best market information and business news out there

www.bbc.co.uk/news – nearly as good as reuters but with added cups of tea and cucumber sandwiches

www.efinancialcareers.com – more than just a job board, interesting sector news and a mine of information for the banking industry

www.theregister.co.uk – technology specific site giving up to date information and irrelevant stories

www.linkedin.com – business networking par excellence

www.viadeo.com – as LinkedIn but with more of a francophile nature… Vive la difference!

The other suggestions for sites are unable to be posted due to their shall we say ‘different’ or ‘worrying’ nature, we don’t want to embarrass the people who sent the links!

March 13, 2008 Posted by | random, The Team | , , , , , , , , , , | 1 Comment