Bare Shelves – The Great Engineering Shortage

Jon Bischke from Entelo looks at why it is so tough to hire people with technical skills.

At a party recently a startup founder told me “If you could find me five great engineers in the next 90 days I’d pay you $400,000.” Which is crazy talk. Unless you stop to consider that Instagram’s team (mostly engineers) was valued at almost $80 million per employee or that corporate development heads often value engineers at startups they are acquiring at a half-million to million dollars per person. $400,000 actually might not be so crazy for a basketball lineup’s worth of guys who can sling Ruby or Scala code.

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Founders: Don’t Freak Out at the Speed Bumps

Hubspot founder and CTO Dharmesh Shah writes that all entrepreneurs encounter major pitfalls along the way. The key, he says, is to not freak out.

Your natural reaction when something really bad happens is to think about the worst-case scenario. But, that’s usually counter productive. Think about the most likely scenario and solve based on that.

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Got Ideas? New Seed Fund Matches You with Companies

Clipped from: www.2020.vc (share this clip)

A new seed fund called 2020 seeks to match “idea people” together with companies who have big challenges to solve

We don’t take existing startups,” said co-founder Shani Shoham. “We are more focused on finding talented entrepreneurs, even before they have ideas.”

The fund announced today that it has started accepting applications from interested entrepreneurs. Read the Full Story.

Name Your Startup with Care

Julian Shapiro from NameLayer writes that Startups need to think twice before running off and naming their new company with the first notion that comes to mind.

I’ve learned a lot from the development of NameLayer, and I’m ready to divulge every trick in my arsenal. In this guide, I provide realistic solutions to the frustrations encountered when naming a company. Plus, I’ll have some fun analyzing both good and bad company names.

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Infographic: Where the Startup Jobs Are

This infographic comes to us from StartUphire.com with the aim to help raise awareness of the lack of qualified people filling technical positions in Startups.

36 percent of all open jobs at startups last year were engineering or technical jobs. However, those two sectors saw only 15 percent of the overall applicant pool trying to fill those positions. This supports evidence of an ever-tightening market for specific skills out there, and the need to keep developing and attracting qualified talent to young startup companies remains critical.


A Tip of the Hat goes to Randy Crum from Coolinfographics.com for pointing us to this story.

Big Opportunities for Cloud Startups

After a series of private briefings with large financial institutions, Ben Kepes from Diversity Analysis came away with some new Cloud insights.

I believe that offerings that span a number of different deployment methods and operating systems are a big area of opportunity. enStratus is a good example of a vendor dealing in this space, an company that offers organizations the ability to orchestrate, deploy and manage cloud solutions of a myriad different flavors.

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Portland Gets its Own SXSW-Type Startup Conference with PDX

I’ve been hoping that someone would launch a tech conference here in Portland modeled after SXSW in Austin. Now Rick Turocszy from PIE and others have come together and got it going as a piggyback event on the Portrand Music Fest. The show will be called Portland Digital eXperience Conference (PDX).

Our city is filled with compelling builders and thinkers. With a sense of craftsmanship and pride. It’s a place where startups are creating new ways of engaging minds, exploring the world, and enthralling people with beauty and simplicity. We need to showcase that.

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Why It’s Important for Entrepreneurs To Fail

Gabriel Shaoolian from Blue Fountain Media writes that most successes are built on a foundation of extremely hard work and, in almost all cases, a series of failures.

Dare I say, no one succeeds without first failing. To me, failure is the ultimate test of an entrepreneur. Lots of would-be entrepreneurs fail once and then quit. The entrepreneurs who are resilient—who learn from their failures and use those learnings to do better next time—are the ones more likely to be successful.

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