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Wall Street Oasis » Blogs » DrPeterVenkman's blog
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Say No To The Finance Job, Create Jobs Instead
 

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DrPeterVenkman's picture
DrPeterVenkman
      O
 
(Gorilla, 706
 
Points)
 on 9/20/12 at 10:30pm
VFA.jpg

Andy note: This post was recommended by the author as a good one to repost to homepage - "Since it is recruiting season I think this post might be a good one to bump, VFA will be recruiting at all the top campuses around the U.S."

Every year a large amount of the best and brightest U.S. students head off to finance or consulting jobs. Seeing the success of programs like Teach For America led Andrew Yang to realize that the best and brightest were looking for more options, specifically options where they could "give back." He decided to create Venture for America a program that recruits those students and places them in roles in fast-growing young companies. The students work for the company for two years and learn entrepreneurship and how to build a company in a hands-on experience. Yang's goal is that VFA Fellows and the companies they help will create 100,000 new jobs by 2025.

“Our best and brightest are being absorbed by what I call ‘the meta economy.’ They’re heading into professional services and transactions and optimizing but not into direct value creation. If you can imagine a country where the equivalent wave of talent currently heading to professional services was heading to fast-growing companies, think about what that would do for job creation.”

Would/Will you consider applying to VFA? Will VFA be successful?

I think this seems like a great program for those who want to "give back" but still get something out of the experience. It seems like an excellent way to obtain an entrepreneurial understanding and by glancing at the current VFA Fellows it seems like they are definitely among the best and brightest.

Another interesting part of the article was this debunking of a common "myth."

You might have heard that small businesses create the majority of jobs. Recent research by John Haltiwanger, Ron Jarmin and Javier Miranda for the U.S. Census Bureau disproved that. It’s young businesses that create jobs. “Once we control for firm age there is no systematic relationship between firm size and growth,” the authors conclude.

Link to article here

See my WSO blog
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Tags:
  • Venture For America
  • Teach For America
  • alternate career path

Comments

littleredman's picture

Nice find will definitely

littleredman
     
 
(Monkey, 30
 
Points)
 on 6/14/12 at 11:05am

Nice find will definitely have to send in an app senior year. Looking much more into entrepreneurship over banking as the idea/mindset of banking just doesn't appeal. Still trying to find my niche.

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Relinquis's picture

Career suicide...

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 6/14/12 at 11:04am

Career suicide...

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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littleredman's picture

Just curious as to why you

littleredman
     
 
(Monkey, 30
 
Points)
 on 6/14/12 at 11:13am

Just curious as to why you say that Relinquis

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IlliniProgrammer's picture

$32-38k/year to work long

IlliniProgrammer
      ST
 
 
(Almost Human, 9,173
 
Points)
 on 6/14/12 at 11:20am

$32-38k/year to work long hours for a startup with no other upside?

For $30k/year, I want some equity.

Work hard, play hard.

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Flake's picture

When someone on this site

Flake
      ER
 
(Neanderthal, 3,560
 
Points)
 on 6/14/12 at 11:24am

When someone on this site (you know...a forum mainly for people in finance or looking to get into finance) says "banking just doesn't appeal to me", "I want to do something that actually matters", or my personal favorite, "I'm glad I gave up banking before I even started" usually translates into "I couldn't land a finance job".

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.

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littleredman's picture

Not saying that I failed at

littleredman
     
 
(Monkey, 30
 
Points)
 on 6/14/12 at 11:31am

Not saying that I failed at banking nor that I dislike finance, just thinking more along the lines of wanting to possibly do VC in the future and this could possibly be a good route to getting there. I know that banking is a possible route to get there as well but does not appeal as much. I will most likely apply myself for SA positions next year, but banking is not the do all end all to my life. Im only a rising Junior and WSO provides much more knowledge beyond a single banking forum.

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Nefarious-'s picture

Banking just doesn't appeal

Nefarious-
      CF
 
(Neanderthal, 2,208
 
Points)
 on 6/14/12 at 11:33am

Banking just doesn't appeal to me, I want to do something that actually matters.

To be honest, I am glad I gave up banking before I even started.

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Flake's picture

Nefarious-: Banking just

Flake
      ER
 
(Neanderthal, 3,560
 
Points)
 on 6/14/12 at 11:35am
Nefarious-:

Banking just doesn't appeal to me, I want to do something that actually matters.

To be honest, I am glad I gave up banking before I even started.

I've always hated you.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.

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stanvalchek's picture

It will be interesting to see

stanvalchek
      O
 
(Senior Monkey, 99
 
Points)
 on 6/14/12 at 11:35am

It will be interesting to see how many of these positions lead to long-term offers. Business schools will probably love people that do this. Still hard to imagine that many will turn down six figure salaries for this though.

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utorrent1's picture

Flake: When someone on this

utorrent1
     
 
(Chimp, 5
 
Points)
 on 6/14/12 at 11:38am
Flake:

When someone on this site (you know...a forum mainly for people in finance or looking to get into finance) says "banking just doesn't appeal to me", "I want to do something that actually matters", or my personal favorite, "I'm glad I gave up banking before I even started" usually translates into "I couldn't land a finance job".

Even if thats true, whats wrong with that? Not everyone can get a FO BB finance job, and lets be serious, half the reason these jobs are prestigious is because they are so selective.

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westsidewolf1989's picture

This is a much better idea

westsidewolf1989
      IB
 
(Senior Baboon, 240
 
Points)
 on 6/14/12 at 11:47am

This is a much better idea than Teach For Awhile, which is indeed career suicide. I'll be interested to see how many of these people stick around their respective company after the two-year commitment is up. I do agree with the previous poster who commented on an equity stake being needed to entice applicants further, although I think that might be an interesting aspect to unveil at the end of the two years: stay and we give you a share of the business.

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Flake's picture

utorrent1: Flake: When

Flake
      ER
 
(Neanderthal, 3,560
 
Points)
 on 6/14/12 at 11:47am
utorrent1:
Flake:

When someone on this site (you know...a forum mainly for people in finance or looking to get into finance) says "banking just doesn't appeal to me", "I want to do something that actually matters", or my personal favorite, "I'm glad I gave up banking before I even started" usually translates into "I couldn't land a finance job".

Even if thats true, whats wrong with that? Not everyone can get a FO BB finance job, and lets be serious, half the reason these jobs are prestigious is because they are so selective.

This comment is definitely not surprising after skimming through your first post. Just more excuses on top of excuses.

http://www.wallstreetoasis.com/forums/sack-up-or-g...

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.

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Tolland15's picture

How are you supposed to

Tolland15
      O
 
(Baboon, 150
 
Points)
 on 6/14/12 at 11:57am

How are you supposed to afford french cuffed shirts on $30k a year?

I was taught that the human brain was the crowning glory of evolution so far, but I think it's a very poor scheme for survival.

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Relinquis's picture

littleredman: Just curious as

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 6/14/12 at 12:05pm
littleredman:

Just curious as to why you say that Relinquis

As a recent grad looking to build a career you'll want to acquire a few things::

- Business / Professional affiliations...
i.e. the branding that comes from working for a certain type of firm, F500, top consulting firm, top investment bank, Big 4 accounting, etc... This stays with you for quite a while.

- Transferrable & marketable skills...
Key is for potential new employers to have confidence in the fact that you have these, otherwise they're not marketable, even if you have developed them.

- A network of people to do business with and who can connect you with various opportunities

Working for a no name, small / new company for a small wage will not get you any of these... Also, the corporate world doesn't really care about past achievements. They care about affiliations, skillsets and networks, because that is what they are buying when their hire a young professional (or any other kind of white collar labour). As a venture worker, you will be less marketable to future employers then your PWC / BAML self on these counts, and at such an early part of your career marketability to future employers is important as you wouldn't generally have the ability to make money on your own.

Also, as IP mentions, it seems like these recent grads are getting a raw deal... $35k for selling your youth to a new'ish company... No stock, bonus, affiliations or network of alumni?

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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DrPeterVenkman's picture

Relinquis: Career

DrPeterVenkman
      O
 
(Gorilla, 706
 
Points)
 on 6/14/12 at 12:06pm
Relinquis:

Career suicide...

I think this is a pretty short-sighted statement.

westsidewolf1989:

I do agree with the previous poster who commented on an equity stake being needed to entice applicants further, although I think that might be an interesting aspect to unveil at the end of the two years: stay and we give you a share of the business.

I think what many of you are missing is that they don't need to offer an equity stake..........

Next year, the organization expects to have more than a thousand applicants for 100 positions, allowing expansion to Baltimore; Cleveland; New Haven, Connecticut; Pittsburgh; and Raleigh-Durham, North Carolina.

See my WSO blog

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Relinquis's picture

Nefarious-: Banking just

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 6/14/12 at 12:06pm
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relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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mdk6c's picture

I'm trying to understand how

mdk6c
     
 
(Baboon, 166
 
Points)
 on 6/14/12 at 12:10pm
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Tolland15's picture

Read the part about he 'meca

Tolland15
      O
 
(Baboon, 150
 
Points)
 on 6/14/12 at 12:16pm

I was taught that the human brain was the crowning glory of evolution so far, but I think it's a very poor scheme for survival.

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AndyLouis's picture

mdk6c: I'm trying to

AndyLouis
     
 
 
(Senior Neanderthal, 5,784
 
Points)
 on 6/14/12 at 12:18pm

WSO's COO (Chief Operating Orangutan) | My story | Connect with me on Linkedin.

2013 WSO Conference

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ThaVanBurenBoyz's picture

Sweet deal for start-ups. Not

ThaVanBurenBoyz
      PE
 
 
(King Kong, 1,516
 
Points)
 on 6/14/12 at 12:29pm
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Nefarious-'s picture

Relinquis: Nefarious-: Bank

Nefarious-
      CF
 
(Neanderthal, 2,208
 
Points)
 on 6/14/12 at 12:39pm

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Relinquis's picture

Nefarious-: Relinquis: Ne

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 6/14/12 at 12:42pm

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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West Coast rainmaker's picture

I am highly skeptical...why

West Coast rainmaker
      ER
 
 
(Neanderthal, 2,070
 
Points)
 on 6/14/12 at 12:42pm
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mb666's picture

Flake: When someone on this

mb666
      VC
 
 
(Gorilla, 686
 
Points)
 on 6/14/12 at 12:48pm
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freeloader's picture

Completely idiotic and

freeloader
      PE
 
(Senior Gorilla, 902
 
Points)
 on 6/14/12 at 12:56pm
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Nefarious-'s picture

Relinquis: Nefarious-: Re

Nefarious-
      CF
 
(Neanderthal, 2,208
 
Points)
 on 6/14/12 at 1:11pm

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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WSOusername's picture

Im confused. I thought ive

WSOusername
     
 
(Senior Gorilla, 947
 
Points)
 on 6/14/12 at 1:54pm

GBS

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MrJetSet's picture

This is a perfect opportunity

MrJetSet
      CO
 
(Orangutan, 252
 
Points)
 on 6/14/12 at 1:59pm
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ThaVanBurenBoyz's picture

GoldmanBallSachs: Im

ThaVanBurenBoyz
      PE
 
 
(King Kong, 1,516
 
Points)
 on 6/14/12 at 2:02pm
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Xepa's picture

West Coast rainmaker: I am

Xepa
      CO
 
 
(Senior Orangutan, 480
 
Points)
 on 6/14/12 at 2:02pm
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West Coast rainmaker's picture

Xepa: I know people who have

West Coast rainmaker
      ER
 
 
(Neanderthal, 2,070
 
Points)
 on 6/14/12 at 2:23pm
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WSOusername's picture

"The people I saw doing TFA

WSOusername
     
 
(Senior Gorilla, 947
 
Points)
 on 6/14/12 at 2:35pm

GBS

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seedy underbelly's picture

VFA: I had been looking

seedy underbelly
      IB
 
(King Kong, 1,090
 
Points)
 on 6/14/12 at 2:39pm
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freeloader's picture

seedy underbelly: VFA: I

freeloader
      PE
 
(Senior Gorilla, 902
 
Points)
 on 6/14/12 at 3:16pm
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Nefarious-'s picture

Xepa: West Coast

Nefarious-
      CF
 
(Neanderthal, 2,208
 
Points)
 on 6/14/12 at 3:23pm

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Xepa's picture

GoldmanBallSachs: "The people

Xepa
      CO
 
 
(Senior Orangutan, 480
 
Points)
 on 6/14/12 at 6:06pm
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WSOusername's picture

^Not sure if you're implying

WSOusername
     
 
(Senior Gorilla, 947
 
Points)
 on 6/14/12 at 6:22pm

GBS

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Relinquis's picture

Nefarious-: Relinquis: Ne

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 6/14/12 at 8:18pm

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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Nefarious-'s picture

Relinquis: Nefarious-: Re

Nefarious-
      CF
 
(Neanderthal, 2,208
 
Points)
 on 6/14/12 at 9:09pm

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Relinquis's picture

Nefarious-: Relinquis: Ne

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 6/14/12 at 9:55pm

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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petergibbons's picture

Nefarious: The people I have

petergibbons
      CO
 
 
(Senior Gorilla, 882
 
Points)
 on 6/14/12 at 11:06pm

Life, liberty and the pursuit of Starwood Points

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EightAceTres's picture

It seems like a great

EightAceTres
      IB
 
(Senior Monkey, 73
 
Points)
 on 6/15/12 at 12:17am
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Funkfreed's picture

Lol not going to lie, the

Funkfreed
     
 
(Baboon, 147
 
Points)
 on 6/15/12 at 12:45am
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Nefarious-'s picture

petergibbons: Nefarious: Th

Nefarious-
      CF
 
(Neanderthal, 2,208
 
Points)
 on 6/15/12 at 8:05am

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Im not very creative's picture

CEO/CIO or bust. If you are

Im not very creative
     
 
(Monkey, 59
 
Points)
 on 6/16/12 at 6:20am
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tchekm845's picture

The program isn't as good as

tchekm845
     
 
(Senior Monkey, 98
 
Points)
 on 6/18/12 at 11:38am
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peonturn's picture

I just don't think the

peonturn
      IB
 
(Senior Chimp, 21
 
Points)
 on 6/18/12 at 12:52pm
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drexelalum11's picture

Firstly, on the TFA point:

drexelalum11
      O
 
(Neanderthal, 3,635
 
Points)
 on 6/20/12 at 6:31pm

Modeling Training
Finance Interviews Guide
Resume Review

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R0bin's picture

I've never heard of this

R0bin
     
 
(Orangutan, 291
 
Points)
 on 6/21/12 at 10:01am

Baby you're the perfect shape, baby you're the perfect weight. Treat me like my birthday, I want it this way and I want it that way. It makes a man feel good baby.

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IBTeaching's picture

Although this thread is old,

IBTeaching
      O
 
(Senior Baboon, 243
 
Points)
 on 9/20/12 at 11:30pm
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Specific Prohibited Uses.

The Company specifically prohibits any use of the Web Site, and all users agree not to use the Web Site, for any of the following:

  • Posting any incomplete, false or inaccurate biographical information or information which is not your own accurate resume
  • Using any device, software or routine to interfere or attempt to interfere with the proper working of this Web Site or any activity being conducted on this site.
  • Taking any action which imposes an unreasonable or disproportionately large load on this Web Site?s infrastructure.
  • If you have a password allowing access to a non-public area of this Web Site, disclosing to or sharing your password with any third parties or using your password for any unauthorized purpose.
  • Notwithstanding anything to the contrary contained herein, using or attempting to use any engine, software, tool, agent or other device or mechanism (including without limitation browsers, spiders, robots, avatars or intelligent agents) to navigate or search this Web Site other than the search engine and search agents available from the Company on this Web Site and other than generally available third party web browsers (e.g., Netscape Navigator, Microsoft Explorer).
  • Attempting to decipher, decompile, disassemble or reverse engineer any of the software comprising or in any way making up a part of the Web Site.
  • Aggregating, copying or duplicating in any manner any of the materials or information available from the Web Site.
  • Framing of or linking to any of the materials or information available from the Web Site.

User Information.

When you register for the Web Site, you will be asked to provide the Company with certain information including, without limitation, a valid email address (your "Information"). In addition to the terms and conditions that may be set forth in any privacy policy on this Web Site, you understand and agree that the Company may disclose to third parties, on an anonymous basis, certain aggregate information contained in your registration application. The Company reserves the right to offer third party services and products to you based on the preferences that you identify in your registration and at any time thereafter; such offers may be made by the Company or by third parties. Please see the Company's Privacy Policy below for further details regarding your Information.

Registration and Password.

You are responsible for maintaining the confidentiality of your information and password. You shall be responsible for all uses of your registration, whether or not authorized by you. You agree to immediately notify the Company of any unauthorized use of your registration or password.

The Company's Liability.

As a condition to your use of this site, you release the Company (and our agents and employees) from claims, demands and damages (actual and consequential, direct and indirect) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. If you are a California resident, you waive California Civil Code d1542, which says: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

We are under no legal obligation to, and generally do not, control the information provided by other users which is made available through the Web Site. By its very nature, other people?s information may be offensive, harmful or inaccurate, and in some cases will be mislabeled or deceptively labeled. We expect that you will use caution and common sense when using this Web Site.

The Material may contain inaccuracies or typographical errors. The Company makes no representations about the accuracy, reliability, completeness, or timeliness of the Web Site or the Material. The use of the Web Site and the Material is at your own risk. Changes are periodically made to the Web Site and may be made at any time.

You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

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