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JPMorgan Chase Emerging Talent Software Engineers October 2024

r/codingbootcamp

u/frenchydev1 wrote (the comment Michael replied to):

It's not "lower tier tech". It's startups. I'd rather do that need work with 10,000 other devs in a giant box office. Personally. There is a lot of people getting hired without top tier CS schools, both in startups and larger companies. I'd prefer to find someone that's passionat

u/michaelnovati replied ·
All the top tier startups with a small number of people hire senior engineers. An entry level engineer is considered net negative in producing value and you hire them to invest in getting them to a higher level where they have like 10X return on salary in impact. What's an example of a startup that loaded up on entry level engineers and became a unicorn? I have numerous examples of startups that did early to get people cheap and easy and then let most go if they made it to the next stage and got significant funding and hired senior engineers. Or they lay people off if they fail. Again, talking about like the Anthropics, OpenAI, [Character.AI](http://Character.AI) and super hot top tier startups like Sierra, Perplexity, etc... I'm not saying all of this is the way it SHOULD be, but it's the way it is. I'm connected to thousands of the top tier startups, like pretty much any startup I know at least one person there or who used to work there, and this is an area I feel confident in my views on.