BranchOut, the new Facebook-embedded professional social network for professional relations. In short, linked-in riding your Facebook network. Its not a bad idea, and it seems to get some traction around my social network.
However, I think that most BranchOut users would be surprised to see that their information is shared with “everyone”, including recruiting companies. Go to BranchOut -> Pull the combo under your picture -> Settings -> Privacy Settings, and then you would be able to see that the default privacy settings for BranchOut is:

Why is this a problem? As BranchOut is a Facebook application, I would expect that information that I pass to BranchOut would be shared according to my Facebook sharing preferences. Their privacy policy says that they share “just” BranchOut information. However, this is private enough, and includes the people you connect with on BranchOut, past positions, and education.