I am not sure it applies in this case as this was quite sudden and we don't have enough visibility to see how many red flags were there few months / a year ago. In this case it seems to have been so sudden that lots of great people have been caught off guard.
People with families, children, mortgages etc might be more prone to staying and hoping for the ship to be righted rather than preemptively moving.
The startup souffle might be deflating for sure, but I think the intent here is to say:
"We just had to layoff 40% of our staff yesterday. Through no fault of their own, our folks are now jobless. Can the community help?"
(edit: well, I wouldn't name names even if I did know more about their work. That would be uncouth)
EDIT: Honest, non-snarky question, then: If you believe there really is this shortage of tech talent, why is this effort needed? I don’t believe there is such a shortage and I wish these guys best of luck.
I don't think it in anyway implies they couldn't find a job using the more traditional routes; this is just an alternative avenue to try.
I think this a rather insensitive view. How is this fundamentally different than changing a your LinkedIn status or putting your resume up on a job board? If anything it might just be more efficient.
Putting up this data together is very disturbing and to be honest somewhat desperate in my eyes. Cannot these guys find jobs themselves, they must be sold in a bundle, or what is the idea behind?
I believe the startup bubble is starting to slowly drain, and we'll see more and more of this.