"REVENGE OF THE NERDS"... RECRUITING WARS IN SILICON VALLEY
BusinessWeek has a good article on the recruiting wars for engineers and talent that's ramping up in Silicon Valley. The strong get stronger:
Some call it the "giant sucking sound" emanating from Silicon Valley. For others, it's a migraine in the making. But whatever they're calling the hiring binge at Google and Yahoo!, just about everyone is a bit astonished at the fearsome force swallowing up some of tech's best and brightest.
While the Internet leaders snatch up top tech talent, that creates headaches elsewhere. Some startups, for instance, say the talent drain has made their own hiring more difficult. Joe Kraus, a co-founder of early portal Excite and now the CEO of collaborative software startup JotSpot, says Google has been especially tough to go up against. "If you're talking to someone great, they're invariably talking to Google, and they often have an offer." (full article)