May 14, 2013 12:19 PM EDT

Ex-Google Product Chief Rolls Out Social Network to Connect Employers and College Students

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There's Facebook for connecting with your friends and sharing what you did over the weekend, there's LinkedIn for professionals to displays their skills and seek jobs, and now there's CollegeFeed which seeks to connect college students to companies.

"LinkedIn, Monster, job boards can all be good tools for anyone with professional experience, but they don't help most first-time job-seekers get hired," said Sanjeev Agrawal, founder and CEO of Collegefeed in a statement. "Collegefeed is the first social media site designed to fix the problem. Grads can quickly showcase the skills and qualifications they do have in a way that makes them stand out to employers. They get the ability to network with interesting industry insiders; a custom news feed, with opportunities tailored to them, and access cutting-edge discovery tools to match them to the perfect company."

The Silicon Valley start-up is headed by Agrawal and consists of a team of six ex-Google, Microsoft and McKinsey alumni who graduated from six universities with 10 degrees between them.

The Collegefeed career marketplace aims to connect college students and new graduates with their ideal employer by fostering social networking between students, graduates, alums and employers.

Collegefeed said that since launching in private beta to select Silicon Valley schools in March, thousands have joined. Students have already secured jobs, internships, interviews, and financial awards from companies like YouTube, eBay, Facebook, Morgan Stanley, Microsoft and many more.

According to CollegeFeed's estimates, employers spend up to $10,000 trying to fill empty positions, it's a way to market themselves while getting the chance to connect with specific students. Companies like eBay can pay for various levels of placement and engagement on the site, including branded pages, innovation challenges and the ability to send content to specific students.

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