[chongli]

I graduated recently and have been looking ever since. It’s abysmal. No replies at all. Compared to co-op where I was interviewing a dozen times a week and getting half a dozen offers, it’s post-apocalyptic.

No one’s interested in taking on anyone at recent grad / entry-level. Not sure what to do.

[kajecounterhack]

Have you talked to any startups? Young hungry folks were historically valued at startups, especially ones who have some OGs who can spare bandwidth to onboard / grow new hires, though maybe the game has changed.

[xpl]

Startups today are interested in profits, not in valuation.

This means they now need to crank out a working product as quickly as possible, and that means hiring only seasoned seniors with an impressive track record.

Previously, they could have gotten away with having no product at all (all while hiring as no tomorrow, just to pump up their valuation). But those days are gone with the low interest rates.

[vednig]

That is not entirely true though, our team at doshare.me hired a lot of young graduates and we are building and iterating through product lifecycle quickly.

In my experience, seasoned seniors are expensive to get and bring unnecessary conflicts and issues to startups lifecycle.

Until startup has started to actually scale they definitely shouldn't hire seniors with a lot of experience.

[chongli]

A lot of the ones I’ve seen were leaning too heavily towards equity-only compensation.

I’m sorry founders, but equity isn’t going to pay off my student loans!