AI startups are turning their revenue into recruiting bait

AI startups are turning their revenue into recruiting bait

Sierra’s Clay Bavor and Bret Taylor. | Photo: Sierra

This is an excerpt of Sources by Alex Heath, a newsletter about AI and the tech industry, syndicated just for The Verge subscribers once a week.

A new trend has quickly emerged for AI startups that want to stand out from the rest: brag about revenue.

Take Sierra, Bret Taylor and Clay Bavor’s AI customer support firm that was recently valued at $10 billion. On paper, you’d think Sierra could have its pick of just about anyone who wants to work in AI – both co-founders are well-known names in Silicon Valley, Taylor is also the chairman of OpenAI, and Sierra has raised more than $600 million in less than two years.

But even Sierra feels the …

Read the full story at The Verge.

3 Comments

  1. koby49

    This is an interesting take on how AI startups are leveraging their revenue for recruitment. It’s fascinating to see how the industry evolves and adapts to attract top talent. Looking forward to seeing how this trend develops!

  2. francis.hodkiewicz

    It’s fascinating how AI startups are not only attracting talent but also creating a competitive edge in the market by investing in their teams. By using revenue in this way, they can build a strong culture that aligns with their innovative goals. It will be interesting to see how this trend evolves in the coming years!

  3. domenick.price

    Absolutely, it’s interesting to see how these startups are leveraging their innovative approaches to not just recruit top talent but also drive their growth. This trend could reshape the tech landscape, as attracting skilled professionals can significantly enhance their development and implementation capabilities.

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