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Help Yahoo! get social with your alums and current students and get a chance to win $25,000 for your institution!

This has been a busy week in the social networking website world. Last Monday, a few days before the launch of the new Facebook features, Yahoo! launched a new social networking website targeted to college students and alums: Kickstart.

Scott Gatz, Senior Director of Yahoo’s Advanced Products, manages the Kickstart’s team. Despite a busy week, Scott has taken the time to answer a few questions about this new website just for you (read the end of the interview for more information about the $25,000).

1) Your team has just launched Kickstart, a new social networking website for college students and alums. What makes Kickstart different from (better than?) Facebook, Linkedin or MySpace?

Kickstart is a professional network with a purpose: to build a community of college students, recent grads, professionals and alumni where people connect and discover the right internships, jobs, career advice and mentorship. We started by doing a lot of research with college students and found that while they are very networked on sites like Facebook, those networks are mostly of friends and primarily about fun. Kickstart offers a place to have a professional profile, so they don’t have to worry about potential employers poking around their private profile. On the other hand, services like LinkedIn are good for people with an existing professional network. Kickstart is designed to help students and recent grads, who do not have an established professional network, discover the latent connections or “weak-ties” they already have but may not be aware of with professionals, managers and companies – these weak ties extend beyond simply being alumni from the same school and could include having been in the same fraternities/sororities, from the same home-town, etc.

2) Higher ed institutions have started to use the main social networking websites as communication channels with their students and alums. Will Kickstart offer any special opportunities to universities/colleges or alum associations?

We’re still early in the development of Kickstart and we expect to add a number of features. Each company, school and association has a page on Kickstart for all of its members. You could imagine that these pages will be terrific places for message boards, bulletins, events and other ways to connect people. For now, we’re listening to people’s feedback on the site, and we’d love to hear from you about which features you think should be first.

3) Do you have any plans to offer an API so higher ed web developers can create their own applications on the top of Kickstart?

The web is moving towards openness in everything, and it is pretty common these days for Yahoo services to have open APIs (see the Yahoo! Developer Network). With Kickstart, we are very focused on creating a community where alums and students can connect and the features we will do first are driven by that. In time, I do expect we’ll offer more and more ways for higher education to participate. I recommend that people sign up on the site and connect with others to see what the potential is and then drop us feedback so we know where to focus.

Last point: we want to encourage alumni to sign up for the site in advance of students. To “kickstart” that effort, we’re offering $25,000 to the school with the most alumni signed up by 12/31/07. I’d suggest that people take a minute to pass this onto former students and alums to take advantage.