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Tech layoffs are feeding a new startup surge

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Re: Tech layoffs are feeding a new startup surge

#243
How long do you guys anticipate current crisis to be over? I'm not expecting us to ever return to the Covid craziness of hiring but lets say to relative stability? I think we have another year in this and then things improve. Interest rate needs to go down first.

Re: Tech layoffs are feeding a new startup surge

#244

Earlier quoted context omitted.

It seems like such a waste of time and complexity for a knob that only a tiny, tiny fraction of startups will ever have to turn.

I think of cloud platforms as less complex than managing your own systems. It's trivial to go from zero to functional product on GCP or AWS, and it's honestly not very expensive to get started either. GCP and AWS very clearly subsidize costs for early-stage startups in an effort to lock them in. A tiny startup might have a cloud hosting cost of 3 figures a year until they really take off. And when your product does t…

Yes, scaling is trivial on AWS if you rewrite from scratch 3 times and rearchitect 4 times, but at least you don’t have to enter your credit card number twice.

Re: Tech layoffs are feeding a new startup surge

#245
post #230

Earlier quoted context omitted.

OTOH, if you are job hunting, be sure to keep your LinkedIn profile up to date.

Thats helpful (but rare) to hear. Does anyone have any concrete anecdotes reinforcing the importance of keeping linkedin looking fresh? Also what matters? Artful descriptions of past positions? Activity on timeline? Upvotes on skills? Links to projects?

I used to keep my linkedin fresh just to see what feelers I get. I also funnel all recruiter emails into a folder. (It's a good ego boost sometimes, not gonna lie.) Last time I was looking for a job roughly four years ago, I just opened my email recruiter folder and started responding. Responded to four emails, (three faangs plus linkedin), and now I'm at a faang.

Now, there's no way to know for sure that keeping linkedin fresh actually helps. Also it was a special time where I had just finished an online masters in CS and I was really on a roll so I was taking a bunch of MOOCs afterwards as well. IMO keeping my linkedin updated with a degree in CS and mooc certificates helped. Normal day to day stuff I wouldn't update linkedin for.

Re: Tech layoffs are feeding a new startup surge

#246

Personally as a senior developer with a family, I wouldn’t stake my stability on a startup. Does that reservation generalize? Do startups end up lacking wiser devs?

Is big tech more stable than startups now ? There's firing across the board and we're not nearly done yet.

I would think the other way around: Public markets are correcting to a higher interest rate (i.e. liquidity being removed from the system) but for startups and scale-ups this correction did not start yet with all force (e.g. valuation slashing, 50% layoffs, acquisition and liquidation by PE firms, etc).

Re: Tech layoffs are feeding a new startup surge

#247

Earlier quoted context omitted.

Never apply through LinkedIn. It is so low-friction that the vast majority of applicants are nowhere near qualified, and hiring managers quickly learn to ignore anything that came in from LinkedIn.

OTOH, if you are job hunting, be sure to keep your LinkedIn profile up to date.

Isn't LinkedIn basically social media? I will have no part in that.

Re: Tech layoffs are feeding a new startup surge

#248

Earlier quoted context omitted.

Depends on the cloud. Looking at Supabase, I think it would be a good choice for most startups[0] and it will scale as the business does, but it removes most of the overhead of getting started. It has Auth, A database, Lambda Support, CDN and File Storage. Baked in are REST APIs and GraphQL APIs out of the box. Its reasonably well priced and there's little friction on setting up and far, far less to worry about hosti…

Yeah but we are talking about startups. Brand new ones. They have no customers. Let alone enough customers to necessitate cloud scaling.

For the past several years, “startup” meant at least 5 years in operation with over $1 billion valuation.

Re: Tech layoffs are feeding a new startup surge

#249

Earlier quoted context omitted.

Last summer and also before that, when I applied, I would get ~90% response rate and would have at least a call from recruiter/HM. Last week I sent a bunch of applications and crickets... this is something that I've never experienced in +10 years being in the industry. I'm not in dire need for a job but I can imagine how much,much stressful is to be unemployed now vs even 3-5 years ago.

I was laid off in December and this has been by far the hardest search of the now four times (yes, really) I’ve been laid off in my career. The few times I’ve received anything resembling feedback in this cycle has been along the lines of “we have a large number of highly qualified candidates for this role” and with a lot of LinkedIn postings citing 200+ applicants, I believe it.

I have had very similar experience to this and everything said here is 100% accurate. It is extremely taxing on my mental health. Fortunately, my hobbies have really helped.

Re: Tech layoffs are feeding a new startup surge

#250

Earlier quoted context omitted.

Depends on the cloud. Looking at Supabase, I think it would be a good choice for most startups[0] and it will scale as the business does, but it removes most of the overhead of getting started. It has Auth, A database, Lambda Support, CDN and File Storage. Baked in are REST APIs and GraphQL APIs out of the box. Its reasonably well priced and there's little friction on setting up and far, far less to worry about hosti…

Yeah but we are talking about startups. Brand new ones. They have no customers. Let alone enough customers to necessitate cloud scaling.

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