As venture capital dries up, tech startups discover frugality

Re:As venture capital dries up, tech startups discover fruga... by coldcode on Tuesday May 03, 2016 @08:12AM (#11619826)

As long as Facebook and Google pay interns and recent college graduates ridiculous salaries, then startups have to match them. As long as they offer crazy working environments with massages and free food and fantasy offices, then startups have to do the same. At least in SV frugality isn't a word.

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Re:As venture capital dries up, tech startups discover fruga... by jonwachob91 on Tuesday May 03, 2016 @09:08AM (#11620238)

Maybe, just maybe... What a startup lacks in fringe benefits they can make up for in solving real/unique/enjoyable problems ;)

Oh... And escaping corporate BS.

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Re:As venture capital dries up, tech startups discover fruga... by philangist on Tuesday May 03, 2016 @11:11AM (#11621336)

But most startups aren't even solving those types of problems. They're building marketing analytics or hr management or food delivery software..

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Re:As venture capital dries up, tech startups discover fruga... by dhimes on Tuesday May 03, 2016 @12:05PM (#11621843)

I think he means solving these problems in the work environment.

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Re:As venture capital dries up, tech startups discover fruga... by jonwachob91 on Tuesday May 03, 2016 @12:38PM (#11622170)

Not really... But if you want to interpret it that way it's still a valid point.

I meant not working at the startup doing marketing analytics (although this could be fun if the problem is unique and challenging) hr management or food delivery. Maybe look for the next Pied Piper and work for them :D

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Re:As venture capital dries up, tech startups discover fruga... by dnh44 on Tuesday May 03, 2016 @10:20AM (#11620901)

And we should all be really pleased that we're working in a sellers market for our skills. Nothing lasts forever.

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Re:As venture capital dries up, tech startups discover fruga... by zeemonkee3 on Tuesday May 03, 2016 @09:01AM (#11620184)

Sure, but not everyone can get into Facebook or Google. They take the best of the best (we can argue whether that's true or not, but that's the perception). Do startups really need Google-level developers, or just competent journeymen?

It sounds more like startups are outbidding each other, not Facebook or Google.

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Re:As venture capital dries up, tech startups discover fruga... by 20years on Tuesday May 03, 2016 @11:14AM (#11621368)

This ^

I think startups can be competitive simply by hiring remote. No offices. Trying to manage a slick office space and afford being located in SF is a big overhead. Hiring remote will open up your pool of candidates to people that Google & Facebook can't get.

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Re:As venture capital dries up, tech startups discover fruga... by superuser2 on Tuesday May 03, 2016 @11:29AM (#11621494)

>ridiculous

Why ridiculous? Why are you rooting for people in our industry to make less money?

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