“Every startup in NYC is looking for developers,” asserts the Business Insider. “Literally: Every. Single. One.”
Why? While nearby universities continue to churn out highly qualified developers and engineers, most seem to prefer working as employees to positions as co-founders. Many of them don’t understand the potential value of stock option and want lots of cash right away. In addition, non-technical company founders often lack contacts in the technical field and tight ties to technical universities.