Startable – Healy Jones’ & Prasad Thammineni’s Blog

Zapoint, a private recruitment/job website based in the Boston area, supposedly has recently purchased Jobster, a heavily funded Seattle area recruitment site/company. I think Jobster raised over $50 million in venture capital! I read somewhere that Zapoint, founded in 2007, raised a more modest $5 million and that this acquisition was an “asset purchase.” FYI, asset purchase is VC talk for acquired for peanuts.

A couple of key take aways – one, how come I’ve never heard of this Boston area firm? Sounds like Zapoint is doing ok. Secondly, it’s not always the highly funded company that makes it. Sometimes smart, lower burn is a better way to grow a startups.

I’m not the biggest fan of the recruitment site/tool market. It’s really competitive and hard to gain traction/differentiate. Of course, I’m at an online document management startup, so perhaps I am the pot calling the kettle black. Anyways, I hope that Zapoint is able to take advantage of the marketing dollars spent and the technology developed by Jobster and create a cool, big technology company right here in new England! Good luck to them!

Prasad Thammineni, my occasional co-blogger, was recently quoted in Forbes (and some other locations, via the AP) on his quest to track down the UPS guy to get his iPad delivered to the OfficeDrop office this past Saturday!

People could also “pre-order” iPads online to arrive Saturday. Prasad Thammineni did just that, but had to chase the UPS ( UPS – news – people ) guy down the block from his office in Cambridge, Mass., to get his iPad.

After playing with it for a few hours, his impressions were mostly positive. Typing on the on-screen keyboard wasn’t as comfortable as using a laptop with a regular keyboard, and Thammineni said he found himself using several fingers but not touch-typing normally. Still, he said, it was much easier to use than a Kindle keyboard.

But the weight of the device might keep him from typing on the go. Thammineni said that after about two minutes of holding up the device with one hand and typing with the other, it got too heavy, even at a mere 1.5 pounds.