Saturday, June 4, 2011

Hiring talent in the technology world is becoming increasingly difficult


Hiring talent in the technology world is becoming increasingly difficult. And one of the ways that some companies are doing it is buying startups full of creative and innovative people. And they are paying dearly for it. According to story in The New York Times, Facebook thinks normal pay about $ 1 million "per engineer" when buying a startup.


Recent examples abound. Twitter this week announced the purchase of AdGrok. And the announcement came along with the information that the service will be discontinued and that AdGrok entire team of startup work in the engineering team focused on generating revenue from Twitter.

In another example, the Rovio, producer of the famous game Angry Birds, also announced an acquisition this week. He bought the team from the game studio and Kombo said all the company's efforts are directed to the acquired products from the Rovio now.

There is a problem in this way to act the big buyers. Often the entrepreneur who creates a startup has that twinkle in his eye that made him create a new business and within a larger structure and complex, just getting bored with the bureaucracy and crystallization of ideas.

Often, after a minimum time required to stay, the founders of startups have just purchased leaving the company to start new businesses. That is, people are very important, something already extended to other text here in Techtudo.

But not always the destination of the startup is bought lock. YouTube, for example, when it was bought by Google, its founders went ahead with the service. The video site has grown and now displays three billion videos a day and should generate $ 1 billion in revenue this year.

The output

It is interesting to talk to some "startupeiros," one of the terms you will ever hear is how the output (exit) of your business. Many have the idea to sell startups to larger company and get some return on their investment and pay dividends to investors. But that is not always the best solution.

Some of the most successful companies in today's internet world, Google, Facebook or Amazon were not sold during its existence. Born, fought for a place in the sun and created a business model for success. And now are buying other companies around the talent of its employees.

Everyone who has read history knows that the Facebook social network has been probed several times to be purchased. Zuckerberg never gave up. We know today that there was madness to refuse million dollars often because the business is now worth more. If Facebook had fallen into the hands of some other company you may never have achieved the success it has today because the network could have stopped at some bureaucratic obstacles on the road.

100 times better

The more complicated it seems to be getting the right people to work on a project. And to filter out these talents, not just classified ads in the employment or appointment of an acquaintance. Do not just take all the certificates of the academic world, everything that is fast becoming a commodity when it comes to finding exceptional people.

That's why some companies buy startups: to add its founders and employees to the staff. An entrepreneur who commands attention for your product or other quality, is different enough from the great mass of applicants for a position in some companies.

And as I said Zuckerberg himself on the purchase of Friendfeed: "Someone who is exceptional in his role not just a little better than someone who is very good. It is 100 times better. "