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Johnson had previously founded the RBL Agency with Ben Carroccio and Liz Johnson (RBL), a boutique employment agency for technologists.The initial website was launched in early 1996 as RBL Agency which evolved into the Online Technical Employment Center (OTEC) in 1999, and only featured technical jobs. Stach II, Earle Ady, and Allen Murabayashi designed and coded the first iterations of the site on Silicon Graphics Indy workstations for C application development, Apple Macs for content creation, and the site ran on Sun and SGI hardware, later the company expanded to collocation data centers and Microsoft desktops for backoffice.The board appointed COO Dimitri Boylan to fill those positions.
It proved to be a very savvy investment, as over $25 million in publicity was generated by Robert Liu, who joined the company from CNN.
Immediately following the playing of the commercial, hotjobs' servers were overwhelmed with requests, and this incident later served as the basis for a commercial for IBM. In 1999, shortly after the first Super Bowl commercial, the company hired two senior executives to assist with the growth of the public offering: George J. as chief information officer and Steve Ellis as chief financial officer.
The company startled the advertising world in 1999 when it bought a $1.6 million commercial during Super Bowl XXXIII, considering that its total revenues were approximately $2.5 million.
Mc Cann-Erickson Detroit was hired for the production.
Hotjobs developed "Softshoe" a private label job board and applicant tracking system in 1997.
Lucent Technologies was the first client of this product.
In June, 2001 George Nassef resigned as EVP engineering and chief information officer to pursue other startup ideas.
Yahoo purchased the company through an unsolicited bid in 2002, for 6 million, undercutting efforts by Monster Worldwide, owners of Monster.com, to acquire the company.
Yahoo Hot Jobs, formerly known as hotjobs.com, was an online job search engine. com provided tools and advice for job seekers, employers, and staffing firms.
It was acquired by Yahoo in 2002, then acquired by Monster Worldwide, owner of its major competitor in 2010—leading to its merger with Monster. The company was founded by Richard Johnson and was based at 24 West 40th Street, 12th floor in New York City, across from Bryant Park.