The unemployment rate in Silicon Valley may be higher than the 9% national average, but that’s not making it any easier for some young technology start-ups looking to hire engineers.
Todd McKinnon, the co-founder and chief executive of San Francisco software start-up Okta Inc., calls the competition for top talent “a war.” His company, which this year raised $10 million in Series A funding from venture firm Andreessen Horowitz and angel investors, plans to spend 80% of its new capital on salaries, mostly for engineers.
To read the full, original article click on this link: The “War” For Top Talent In Silicon Valley - Venture Capital Dispatch - WSJ
Author: Deborah Gage
