Startups Too Scary For Many Workers

Startups Too Scary For Many Workers

Startups Too Scary For Many Workers

1. The Devil You Know69% of tech employees would rather work for an established company than a startup.
With the boom in social-networking company valuations, you might think experienced technology pros would be longing for positions at startups. After all, consumer-facing enterprises, notable among them those social-media hotties, have rung up twice as much in venture capital investment already this year as they did in all of 2010, creating eye-popping IPO estimates for companies like Twitter and Facebook – and jobs generally follow the money. But Dice.com research says the majority of IT employees still prefer to work for established companies. Chalk it up to the long-suffering economy and the flood of layoffs in the last several years – and to memories of the DotCom explosion and implosion at the turn of the century. But that history may be too distant to influence younger workers, who are far more likely to embrace the idea of working for a startup than their older counterparts. Almost 800 tech professionals took part in the research. For more about the survey, click here.
Dennis McCafferty is a freelance writer for Baseline Magazine.

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