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> Yes VCs aren’t stupid (well mostly) - they know you won’t be able to hire as many similarly talented/experienced people in Atlanta. Considering all the "tale
by vonmoltke 8y ago
> Yes VCs aren’t stupid (well mostly) - they know you won’t be able to hire as many similarly talented/experienced people in Atlanta.
Considering all the "talent shortage" whining, it doesn't seem like they can find many in the Bay Area either.
> Want to hire some ex-faang empoyee? Fogetaboutit.
Most startups should fogetaboutit anyway. They don't need ex-FAANG employees, will waste precious runway hiring them for little marginal gain, and will be hard-pressed to give them all meaningful work to do (leading to spending even more money in short order to replace them).
- dilyevsky 8y agoThe shortage in the sfba is of different kind - too much competition. So all you have to do is to offer larger pay or something non-monetary like career opportunity and you got yourself a great engineer. In some other locales it could legitimately be shortage of qualified staff. To your second point, faang employees are much more likely to pass any interview process (based on my extensive interviewing experience at my current gig) so you’re saving money on recruiting at least.