Client News This Week

Happy Holidays everyone! With many holidays fast approaching it is apparent that our clients have spent extra time at work so they can enjoy the holidays with their families and friends!

Baidu confirms partnership with Uber to bring ride-sharing service to China

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Sharethrough launches ‘native cards’ for YouTube, Pinterest, Instagram and more

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Clever Gets $30 Million From Lightspeed To Become The Login Layer For Education Appsclever-blog

OneLogin grabs $25M to make sure bad guys can’t access your apps

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Make Your Resume Stand Out with the KISS Principle

There’s a reason people swear by the KISS design principle: it works. Sure, there are times when being wordy and overly descriptive is valued--say, in a research paper--but when it comes to resumes, keeping it short and simple is indeed the best approach. Here are some tips that can help your resume avoid the brush off.

Be descriptive but concise

A few key sections will clearly and simply describe your competitive edge, including industries you are familiar with and your key areas of expertise. The most important sections to include on your resume are Qualifications Summary, Education, Skills, and Experience.  In this day and age of 140 characters or less, a few key bullet points using action verbs to describe the work you did and want to continue to do in the future will delineate you most important contributions to your career roles. If you are transitioning into a new career, be sure to identify your transferrable skills from past experience.

Use professional contact info

Be sure to use a personal email with a professional feel rather than your work email.  The firstnamelastname@email.com format is always a go-to.  Check in with your cell phone voicemail account to ensure that whatever phone number you list on your resume has a professional outgoing message that is easy to hear, and is currently accepting voicemail messages.

Show by example

Always include examples of your work whenever possible; for example, if you’ve got an app in the App Store and have sold several thousand copies, that’s a great statistic to demonstrate your traction.  Alternatively, be active on Github and include a link on your resume, or maintain a blog on LinkedIn to build credibility in your area of technical expertise.  By backing up your experience with viewable samples rather than just saying that you have a skill, you’re going the extra mile.

Don’t over design

Don’t use multiple colors for your text or section headings. These can be hard to pick up when a resume is scanned into an Applicant Tracking System, or they may not show up when you resume is printed.

Get a second opinion

When you think you’ve narrowed in on a final draft, ask a trusted friend or colleague to proofread your resume. Or go to the next level and get assistance from a skilled career counselor who can help you strategize the best way to identify your skills and how to verbalize them during the job search process. Either way, making sure your job search documents are properly proofed will ensure you’re making a great first impression.

Wendy Saccuzzo is Career Development Specialist at Riviera Partners and Director of Career Development at Women Who Code.  Follow Wendy on Twitter @aboutworkstuff

Client News This Week

The Bay Area just faced the "storm of the century" creating power outages and flooding, but this did  not hinder our clients one bit! In fact, all of the time being held prisoner inside by the rain gave them a great excuse to focus on their work and do a great job this week!

Big data company Hortonworks raises $100M in IPO, sets price at $16

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Change.org raises $25 million from Bill Gates, other big-name investors

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Referral platform Extole scores $14 million to help more friends help more friends

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Remind Raised $59 Million To Change Education

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Four Hiring Tips for First-Time CEOs

First-time startup founders may know how to run a company, and they probably have a good idea about what makes a good product, but many don’t know what makes a great hire. New CEOs often have misconceptions about hiring, both when it comes to what they need and what candidates are looking for. While there are exceptions to every rule, we often witness four common mistakes--here are some tips on how to avoid them.

Don’t View Candidates as Commodities

New leaders can have a tendency to view candidates as commodities rather than people, and they treat hiring as a transactional process when it should be about building relationships. The fact is, you need to earn the right to vet and must be very hands-on in the front end of the process. There’s a huge amount of effort required when it comes to recruiting “branded” candidates who have worked for the likes of Google or Amazon. Keep in mind that people with high-profile experience aren’t going to flock to you just because you raised a big round. Everyone else is after these candidates as well, so you need to convince them that your “new and different” thing is really what they want to do.

Remember, Time is Valuable

Oftentimes, there’s a lack of understanding in the trade-offs that come with going after the subset of candidates that everyone else also wants, and one huge one is time. Time kills and it’s the only thing you can’t get back. A narrow view of what makes up the relevant candidate pool can lead to wasted weeks or months. Or even worse: bad hires. Either of those things can be deadly to any startup. Remember to always balance time invested, compensation and ultimate cultural fit.

Always Think Ahead

It’s important to realize that what you are now is not necessarily what you will become. Just like software, startups are version one of what they will be. Attend events, ask around and listen to the market (and those living in it) to get an honest appraisal of your brand and its future. This can help you make the right hire--and quickly. Also, when hiring, you should consider your needs two to three years in the future. Thinking holistically will ensure that you end up with a team that works together successfully.

Let Imagination Fly

Many first-time leaders have a lack of imagination around the best possible hire. When it comes down to it, branded candidates may not be the best fit for your company. Consider that many of these people bring a static way of doing things, which is generally not what a startup needs. Think outside the box and get creative on the type of person that could fit a particular position. Some of the best hires at companies like LinkedIn, Twitter and Uber came from non-obvious backgrounds.

A willingness to look past the likely suspects can help you to truly hire the stars of tomorrow and make a dramatic impact on your company. Remember, the goal should be to make the best hire, not achieve the biggest Techcrunch news release--the latter is fleeting, while the former can help lead to the success of your company.

Client News This Week

It looks like our clients have been "working" off that turkey by throwning a couple extra reps in at the office. Keep up the great Holiday work(out)!

Poshmark Hits $100M In Annual Revenue For Its Fashion Resell Biz, Begins Luxury Goods Authentication

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Elance-oDesk scores $30M to help more freelancers work in their pajamas

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Braintree goes international with One Touch mobile payments

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Uber Raises $1.2 Billion At A $41 Billion Valuation, Vows To Become 'Smarter And More Humble'

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The Guardian - CEO Pay Rises at Double the Rate of Workers

Riviera's very own Sam Wholley gave expert positioning regarding executive hiring in the Valley this week. The Guardians' article, "CEO Pay Rises at Double the Rate of Workers", gave great insight on the recession history of senior executives; along with the great money, numerous perks, and the plentiful jobs in the C-suite universe

(The Guardian) - CEO Pay Rises at Double the Rate of Workers

If you’re a CEO, rest easy this Friday jobs report day.

Economists, policy-makers and other finance spectators may lose sleep over unemployment numbers each month, but experts say that there may be no better time to be a senior executive.

The US unemployment rate for November is expected continue its downward march, after it hit a 5.8% low in October. But the Fed’s beige book predicts a mere 0.2% increase in hourly wage growth this month, which is only a modest 2% boost from the previous year.

If this appears to be only a marginal improvement from the recession years for the middle class, top-level executives have had less to worry about.

Microsoft shareholders just cleared a fat $84m pay package for CEO Satya Nadella. The amount includes base pay, of $918,917, a $3.6m bonus and $79.8m in stock grants that won’t vest until 2019.

Read the full article here...

The Sunniest of Tech Conferences: Techweek LA

Last week, Techweek LA breezed into Santa Monica, taking over the pier with dozens of emerging tech companies from throughout Southern California. The scene couldn’t be more fitting of the area with 75 degree weather and airy white tents. There was even a fashion show in a nod to LA’s textile industry. It was a sharp contrast to Techweek Chicago.

Riviera’s LA-based Partner Eric Larson was on hand at the event to act as one of the judges for the startup LAUNCH competition, helping to narrow down the competitors from 70 to just five finalists. LAUNCH features very early-stage companies who use the competition to gain recognition for their products and interact with potential investors. There was an ecclectic mix of companies on hand representing the full range of Southern California industries, from agriculture to gaming, social and big data.

Out of the five finalists, a winner is selected in a live “win it all” style wrap up. This year, the grand prize went to QuickLegal, a platform that helps users connect instantly with a licensed attorney via chat.

While the LAUNCH competition was at the center of the event, Techweek LA also featured a variety of sessions led by founders, entrepreneurs and investors. Speakers included Scott Painter of TrueCar,who spoke about the service economy,and Laura Goldberg of LegalZoom, who gave a fantastic overview on the importance of women in tech.

All in all, Techweek LA provided an amazing setting, with all shapes and sizes of interesting companies. And you can’t beat the oceanfront location.