The headline is sensationalist but incorrect. There is no cost for posting - only if you land a successful hire, similar to how some others in the space work.
"amount payable only after a person is found and hired, and refundable if the candidate leaves the job before 90 days"
So how do they follow up with this? What if someone just says the person left the job? Do you have to sign a contract with angellist? And how is equity calculated for private companies?
they're angellist. all they do is equity for private companies. though if you mean companies not planning on exiting, they can still get a stake, and maybe get a dividend later?
I saw this weeks ago when I thought about posting there and it scared me off - are they saying I was randomly selected to NOT get it for free? That sucks.
Yeah, not to be blunt, but someone there was high when they came up with those prices. Full-service recruiters charge that much - AngelList is a job board. The value prop is completely missing too, there's just a modal of "oh, btw, pay us a recruiter's fee". This would send me running the other direction from posting jobs there.
It's about 1/3rd of what technical recruiters charge. And again, it's only on successful hires. And if you can't afford it, you can give equity. And it's an honor system. And it's a test. And other folks in the space, like DeveloperAuction, charge more (Google around). But you can't please everyone :-)