Right now, early-stage startups with cash in the bank are uniquely positioned to pounce on talent.
As Big Tech tightens its purse strings and vaporware startups and other cash poor tech firms continue to fold, a notable pool of qualified technical, sales, marketing, and recruiting talent have actively moved in-market.
Young companies that previously lost candidates to large comp packages and the perceived stability of a brand can now compete. Market shifts have exposed the false reality of “the safe play.”
Selling candidates on financial health (lots of cash in the bank + growth plans), work from home, the ability to have creative runway, and professional growth opportunities works really well in this kind of market.
This is a great time to build your bench.