Itâs been a week of lows and highs. Good news for tech talent shooting for $100k+ salaries, and watch out what youâre clicking on if youâre working for Big Tech. [view entire message]( Weâve officially made the move! Find us at our new and improved home: [Wellfound.com](. This reflects our new identity as Wellfound, the best place for startups and talent to connect. Donât worry, you donât need to do anything. All your bookmarks and links will automatically redirect you to the new domain. We hope you enjoy our new look and feel, along with some exciting new features. Thank you for being part of our community! The Wellfound Team SVB collapsesâand is ready for VC money again Silicon Valley Bankâwhich does business with nearly [half]( of all U.S. venture-backed startupsâcollapsed. Itâs the biggest bank failure since 2008, which has a lot of people in âthe Bayâ like totally freaking out. âYou could feel the mania and the panic and the concern and the interest,â a nearby prof told NPR. SVB claimed to do business with [44%]( of U.S. venture-backed technology and healthcare IPOs. And that means a lot of people in tech are impacted. The bank lost $1.8B on a sale of U.S. treasuries, triggering a ârun on the bankâ and subsequent fed takeover. A newly appointed CEO already is urging VCs to bring their money back. Chat GPT 4.0 Can Color! ChatGPT is getting in touch with its creative side. The newly released 4.0 is in full color and carries a beatâthat is, it incorporates images and music. OpenAI says it also produces âsafer and more useful responses.â Bonus: Chat can now process up to 25k words at a time. (Note to teachers: increase those assignment lengths.) Like Madonna, Zuck wants you to express yourself Meta is scaling back its workforce even more as it steers to new AI waters. Since going all-in on the Metaverse in 2022âand losing [$24B]( in the processâMeta has laid off thousands of employees, setting up a pivot to [generative AI](. The new project is called LLaMA: âlarge language model Meta AI.â While similar to ChatGPT, Zuck says his baby is more focused on using AI to build âcreative and expressive tools.â (Quick! Close that tab!) Big Tech is watching When the world went all-remote during Covid, big companies went all Big Brotherâdeploying spy bots to track their employeesâ every movement. This surveillance software is increasingly sophisticated, complete with eye tracing, biometric data collection, and an AI-driven cyber-boss (bully?) that reprimands you for spending too much time on Facebook. Microsoft goes negative in a good way Microsoft is pairing up with Running Tide to get to a â[carbon-negative]( footprint by 2030. Running Tide creates biodegradable buoys on which they intend to create kelp farms, reducing water acidity and absorbing CO2. They then sink to the ocean floor as algae. Though, there is some [disagreement]( about the soundness of the science behind it. But how much does it pay? With all the fluctuations in the job market the last few years, it seems employees are looking to know a little bit more about the job theyâre applying for before the interview. Nearly 3/4 of job listings in NYC, and 2/3 of listings in California now include pay information. [Update your roles salary information]( Dive Deeper Silicon Valley Bank failure could wipe out 'a whole generation of startups' ([NPR]( GPT-4: new features, visual input, availability, and more ([Digitaltrends]( Metaâs âyear of efficiencyâ means job cuts, less metaverse, and more generative AI, ([Quartz]( What to Do When Your Boss Is Spying on You ([Wired]( These companies want to go beyond batteries to store energy ([MIT Technology Review]( Why team culture is just important as company culture ([Wellfound Blog]( Experts Wanted: Top Startups Hiring $100k+ Engineering Talent Despite a general pull-back of hiring across tech, thereâs still plenty of good news to be found. Thatâs especially true for senior software engineers who are experts in languages including C++, Javascript, Node.js, TypeScript, React and Ruby. Plenty of startups in a range of industries are still offering generous pay and a long list of benefits. Top companies hiring $100k+ software engineering talent include: [Bubble]( (no-code design), [CareMessage]( (healthcare), [Proven]( (skincare), [Vivian]( (healthcare), [Kappa]( (finance), [Kurtosis]( (software developement) and [Xander]( (augmented reality). From the Founder âPartner with others coming up. Help people out, and they, in turn, will help you. Build a community that sustains you. Donât be afraid to give.â -Jake Dyal, Principal, [Certus Group]( What we're reading - Why you shouldnât list certifications on LinkedIn ([Interviewing.io](
- An A.I. Start-Up Boomed, but Now It Faces a Slowing Economy and New Rules ([New York Times](
- The next generation of AI for developers and Google Workspace ([Google](
- Volkswagen Plans Almost $200 Billion in Investment Focusing on EVs, New Tech ([Wall Street Journal](
- Meta considering a standalone social network that sounds a lot like Twitter ([CNN](
- Uber, Lyft Score Victory as California Court Affirms Right to Treat Drivers as Contractors ([Wall Street Journal]( Funded & Fast-Growing Richmond, Calif.-based [Moxion Power]( a manufacturer of clean, mobile energy storage technology, raised a $100M Series B led by Tamarack Global with participation from Amazonâs Climate Pledge Fund and Microsoftâs Climate Innovation Fund. Theyâre hiring software engineers, systems engineers, and managerial staff. New-York based [SWORD Health]( a clinical digital musculoskeletal company at the forefront of tech and healthcare, raised $163M from Sapphire Ventures and others. Theyâre hiring product designers, front- and back-end engineers, data scientists, and mobile developers. Denver-based [Crusoe Energy]( raised a $350M Series C with participation from Robert Downey Jr.âs FootPrint Coalition Ventures. Theyâre hiring software engineers, cloud designers, electricians, and mechanics. â Startups hiring now Certus Group Data Engineering technology focused startup
[2 open roles]( Xander Using AR to improve interpersonal communication
[1 open role]( Bubble Erase the distinction between software use and software creation
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