Hotjobs.com was founded in 1997 by Richard Johnson and Dimitri Boylan. Richard and Dimitri were both experienced recruiting industry executives who had previously managed a traditional recruiting firm focused on information technology professionals. They quickly realized the potential of the internet to provide a direct exchange of information between job seekers and employers andcreated a business with strong recurring revenues by selling monthly subscription memberships to corporate recruiters seeking qualified applicants. The service was free for the job applicant. HotJobs membership allowed corporate recruiters to post open positions for resume submissions and to search the online HotJobs.com resume database. Members ... could view detailed reports on the effectiveness of their job postings online.