Tech valuations are popping (frothy is the well-used word) in the San Francisco Bay area. And the requirement to have high performing talent to quickly scale and produce a winning product may drive it all.
The scalp price for hiring or retaining top engineers was recently tabbed at $500,000 and the talent acquisition strategies of firms like Facebook includes the purchase of small start-ups only to shut them down and employ the newly acquired talent.… Read the rest