I might have spoke too soon. I just did a post on Seattle 2.0 on how executives are flocking to big companies or big company restarts. My friend Rob Grady has just left Starbucks. TechFlash just did a post on this. Rob was espresso at Starbucks. He had one of the most appealing jobs at one of the biggest brands in the world as the vice president of global beverage. He just joined Seattle-based wiki provider, Wetpaint, as their senior vice president of marketing. Congrats to Ben and the team for bringing on a world-class executive. Please send me your own observation. Will startups attract talent or will public companies?
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I agree with Jordan, in that we are witnessing an unprecedented time in our economy. In contrast to the .com crash, we are seeing banks fall before start-ups. As a result, BigCo's are no longer seen as a "safe haven." I think you'll see good talent follow the money as Jordan mentioned, but I also think you'll see good talent willing to take more of a "risk" on start-ups since BigCo's are shedding folks left and right as well. The only caveat is will start-ups be able to afford that talent given the difficulty of finding funding?
Posted by: Josiah Johnson | January 14, 2009 at 10:31 AM
Well of course it's not one or the other. Some start-up talent will go to large organizations, and certainly some "BigCo" talent will head to start-up land. The only thing consistent is that MOST are following the money.
Posted by: Jordan Mitchell | January 13, 2009 at 09:10 AM