Way back in 1996, Vault launched. It was the granddaddy of all employer comparison sites. Then Glassdoor launched in 2008 (along with the help of about $3M in pre-launch financing). By 2015, it had a valuation of roughly $1B (along with a total of $160M in investment), and was said to be pre-IPO (which it is to this day). Vault’s and Glassdoor’s innovation? Crowdsourced, anonymous reviews of employers, supplemented by salary information, photos, and – yes, indeed – job listings. In other words, it is actually a job board with ratings.
These sites paved the way for a new generation of employer rating