Collegehire.com Announces Relationship With Venture Frogs for Recruiting Services.

AUSTIN, Texas--(BUSINESS WIRE)--Dec. 8, 1999--

CollegeHire.com today announced that it will recruit leading technology graduates for Venture Frogs, LLC, a San Francisco-based venture firm that provides angel investment and consulting services to some of the leading startups in Silicon Valley.

The agreement, which is expected to grow over time, will initially include recruiting services for Venture Frogs and one of its portfolio clients, Web Juice, a web applications provider for Internet startups.

The announcement marks CollegeHire's newest addition to a growing national roster of clients and its first relationship with a venture firm.

"Venture Frogs marks an exciting new direction for us as we recruit students not only for hot startups but also for a company that is assigning venture funding to some of those startups," said Jeff Daniel, CEO and founder of CollegeHire.com. "Students have a tremendous affinity to join progressive companies with foresight and exposure to industry leaders. This addition is sure to attract attention from some of our leading candidates." Under terms of the new agreement, CollegeHire will use a combination of on-campus visits and proprietary online services to reach leading technology students at top universities including Stanford, Berkeley, MIT, Cornell and UCLA.

"As a leading investor in cutting edge internet startups, Venture Frogs understands the importance of hiring top talent from the country's leading universities," said Tony Hsieh, co-founder of Venture Frogs.

"CollegeHire.com is an efficient way for us to tap into the pool of university students and assist our portfolio companies with their hiring needs." CollegeHire.com reduces the cost and streamlines the process of reviewing thousands of resumes and conducting hundreds of interviews, enabling clients like Venture Frogs to focus on qualified recruits who are best suited to their business. With professional recruiters based on college campuses, CollegeHire.com pre-screens students against criteria established by companies like Venture Frogs to reduce the time and cost companies would spend using conventional college recruiting methods. Additionally, CollegeHire.com provides an Internet community for both students and client companies, offering up-to-the-minute online access to a wealth of recruiting information and services.

About CollegeHire.com, Inc.

CollegeHire.com is the premier college recruiting resource designed to match graduating college students and high-tech companies. CollegeHire.com helps both organizations and new graduates save time, money and resources throughout the college recruiting process by developing one-on-one relationships with students on college campuses across the country, and building an online community to unite students and companies. More information about CollegeHire.com can be found at www.collegehire.com.

About Venture Frogs

Based in San Francisco, Venture Frogs was formed by Tony Hsieh and Alfred Lin, two members of the founding team of LinkExchange (acquired by Microsoft for $265 million in November 1998). Focusing on the Internet, e-commerce, information, and telecommunications technology markets, Venture Frogs has invested in more than 20 Internet companies, including Affinia, Chip Shot, Coolboard, Everyone.net, EXP.com, MongoMusic, MyAble, NeoPlanet, Open Table, Tellme, Topica and Web Juice. More information about Venture Frogs can be found at www.vfrogs.com.