Prior to 2018, start-ups could not compete against big tech companies’ notoriously high salaries in addition to additional benefits designed to retain talent.
of which has changed, according to conversations with half a dozen start-up execs from the health in addition to education space.
“We’re definitely getting more people from the pipeline coming from these big tech companies,” said Ryan McQuaid, CEO of Plushcare, a health-tech company of which recruits with the slogan “delivering health in addition to happiness.”
McQuaid’s company aims to reduce the barriers for people to access the medications they need. One of its focus areas will be PrEP, which will be designed for people who don’t have HIV however are at a substantial risk of getting to of which.
“In Silicon Valley, every company tries to position itself as doing amazing things for the planet,” said McQuaid. “however employees are starting to realize of which not all of them are actually doing of which.”
McQuaid’s company can’t compete on cash compensation, however they do pitch potential recruits on a large equity stake in addition to an opportunity to work on challenging technical problems. They also emphasize the company’s social mission.
coloring Genomics, a Silicon Valley-based health-tech company of which specializes in helping people understand their medical risks, has also seen an uptick of interest coming from engineers, designers in addition to product managers at the large tech companies.
Othman Laraki, the company’s CEO, who previously worked at Twitter in addition to Google, said of which a few months ago he hosted an engineering recruiting event in Burlingame, Calif., a stone’s throw coming from the big tech campuses. More than 0 people showed up.
“of which was on a Wednesday night, right when all those big storms from the Bay Area were happening, in addition to yet we saw so much interest coming from engineers who wanted to tap into the opportunity to make an impact in a more direct way,” he said.
Health insurance start-up Clover Health has found of which there’s a steady chunk of people who want to work at mission-driven start-ups. “Clover tends to attract a specific type of person who wants to work for a company using a mission-driven culture in addition to business type,” said Bob Huynh, Clover’s vice president of talent, adding of which he hasn’t seen a recent uptick in engineers coming from big tech companies interested in joining the team.