We launched NSjobz.com last week and were pleasantly surprised by the user response. Despite the fact that we are in a relatively stagnant economy, we found that more employers than potential new hires clicked over to have a look at the new site. This is very encouraging for two reasons, the first and most obvious is because we get paid for “premium” job posts (the first post is free), but more importantly for everyone else, is that there are quality jobs to be had.

At NextStep we like to partner with companies providing outstanding services. We have been talking about building a job website from scratch since the beginning back in 2007, but in this case partnering with CareerEngine made more business sense. A pool of 50,000+ resumes, and a network of sites taking postings across multiple geographic areas in China; it is the perfect fit for delivering a quality service to the NextStep community.

If you haven’t been, go check it out. If you are looking for a job, go check it out. If you are looking to hire, go post a job, and give us your feedback here or at info@nsjobz.com

And if you are wondering why we chose a “z” instead of an “s”, very simple NSjobs wasn’t available, and we wanted to stay under 6 characters, since all of our other websites are incredibly long at 16 characters. We weren’t trying to be trendy and cool, it was just the least expensive option at GoDaddy.

So I am not announcing any new news here, but something dawned on me today. Social Networking Sites are starting to become their own Treasury Departments of sorts. Let’s look at the recent failed deal between Facebook and Twitter, two SNS giants. Facebook attempted to buy Twitter for $500 million in Fb stock at the valuation given to Fb by Microsoft’s earlier $400mil+ investment. Twitter walked away fromt the deal believing that Fb was overvalued by Microsoft.

This has to be one of the craziest times in modern history for mergers & acquisitions simply based upon the transition of one unprofitable company’s stock to another as currency for assets. Fb is becoming the treasury and the bank all in one. It is pure genius. Here they are able to print Facebook bucks to buy Twitter “so-called” assets on the hope that one day one of these services will make some serious cash. To me this looks like the blind leading the blind. I am not a researcher myself, so I have no idea as to the precedent for similar deals between companies that have no revenue streams or maintain revenue streams that are weak at best, but this one surely must take the star of the show.

If you are a freelancer, or you are running an IT/Web Design company here in China, don’t thank me for giving you the link to GetAFreeLancer.com, just buy me a drink some time. Need I say more. It is a brilliant marketplace that  lines up jobs with prospective developers on a global scale. I am sure there are other sites out there, and I know of a few. But, for the time being this one takes the cake. Have a look by clicking here. If you are able to pull some work from this, be sure to drop me a line to say thanks, and I can never turn down a gin & tonic.

Cheers.