Re:The last days of Silicon Roundabout
by Nextgrid on Tuesday September 21, 2021 @07:46PM
(#28611451)
> It must be getting harder and harder for London based startups to find a dev team
The market has stabilized and the salaries demanded seem to exceed what typical "growth and engagement" startup crap is willing to pay, where as before there seemed to be a surplus of talent happy to take these lower wages.
But it's not hard to hire if you have a sustainable business that can afford to pay good wages. When someone complains to me how hard it is to hire I always talk about this magical thing called "money" and where if you put more of it on the table you'll magically get more candidates in the next day. But instead they still focus on pool tables and "culture".
It could also be that the startup market is saturated and the "growth and engagement" bubble is popping? It used to be that any tech company that can show growth (even without a solid business plan to turn that into profit) could get insane amounts of money thrown at them, where as now every idea has been hashed and rehashed multiple times and you need an actual business plan addressing your predecessors' failures - simply boasting how many users you have on your sinking ship won't cut it (or at least not as much).
The market has stabilized and the salaries demanded seem to exceed what typical "growth and engagement" startup crap is willing to pay, where as before there seemed to be a surplus of talent happy to take these lower wages.
But it's not hard to hire if you have a sustainable business that can afford to pay good wages. When someone complains to me how hard it is to hire I always talk about this magical thing called "money" and where if you put more of it on the table you'll magically get more candidates in the next day. But instead they still focus on pool tables and "culture".
It could also be that the startup market is saturated and the "growth and engagement" bubble is popping? It used to be that any tech company that can show growth (even without a solid business plan to turn that into profit) could get insane amounts of money thrown at them, where as now every idea has been hashed and rehashed multiple times and you need an actual business plan addressing your predecessors' failures - simply boasting how many users you have on your sinking ship won't cut it (or at least not as much).