Big Tech layoffs present opportunities for emerging tech companies
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ð¨ You're reading a shortened version of our newsletter [Read the full newsletter on LinkedIn]( ð©ð» An abundance of tech talent Tech workers are increasingly anxious about job security amid the latest round of Big Tech layoffs. For those looking, though, there are silver linings to be found: - The Wall Street Journal concluded that laid off tech workers can quickly find new jobs, pointing to an overall U.S. jobs market that remains surprisingly strong.
- Recently funded founders of fledgling tech companies can barely contain their glee at the quality of the talent pool theyâre fishing in today.
- Laid off tech workers are finding a ripe environment for launching their own ventures. Funding fell off a cliff for later stage deals but remains steady for companies raising a first major round. Seed funding, meanwhile, to set record highs. 𩺠Bright spot: medical AI AI remains a bright spot for hiring, with many early stage companies scooping up top talent. This is especially true in recession resilient industries like healthcare that increasingly rely on tech. Everywhere you turn inside a hospital, AI is creeping in. Top floor offices are finding assistance with triage; radiologists are diagnosing alongside AI modelsâand discovering faster and cheaper ways to identify Covid along the way; and in psych wards, ML models are predicting which patients are at risk of self-harming behaviors. AI is also helping doctors evaluate risk of discharging patients. [Read the full rundown]( â¾ï¸ Do you want to live forever? Elon Musk isnât the only tech founder obsessing over living forever. Saudi Arabia joins tech luminaries like Larry Page, Jeff Bezos, Larry Ellison, and Peter Thiel in vying to be the first to crack the code of living forever. What all of this mean for retirement planning for millions of highly employable tech workers is a whole other question. See our list: [Longevity Tech: 10 Tech Companies Hiring to Extend Life and Prevent Disease]( âï¸ Company feature: why weâre excited about [Solv.]( While AI sets the stage for whatâs to come, [Solv.]( is working to deliver the best with what we have. The company is focused on removing the pain points from doctor and hospital visits. With tools to find [immediate care]( learn pricing ahead of time, and book care with a few taps, Solv.âs platform is designed to help you feel better faster. The company offers attractive benefits including a 401k match, wellness benefit, and office spaces in San Francisco and Denver. ð¾ Trending in Tech 𧬠Advancing age tech Diagnostics are an important sub-genre of longevity tech that got a major boost over the pandemic. With many diseases and conditions starting silently, itâs crucial to find out whatâs wrong before it becomes a real problem. Genetic testing, complex tests of biomarkers, and regular check-ups specific to oneâs condition are all options in the diagnostic toolkit. See our list: [Hiring: 5 Tech Companies Advancing Age Tech]( 𩸠'Holy Grail' of medicine Regenerative medicine is considered the âHoly Grailâ for medical professionals in recent decades. Since the introduction of nanoparticles, the medical field has rapidly expanded as scientists and doctors alike try and understand the mechanisms of such groundbreaking technology. From regenerating entire organs to rebuilding bones, and skin regeneration, the possible applications of this technology are promising. See our list: [5 Companies Innovating the Future of Medicine and Hiring Now]( 𥾠Bootstrapping is trending Many laid of tech workers are choosing to control their own destiny by launching their own companies. Theyâre met with a relatively strong funding climate for seed-stage deals and charge forward with the confidence that some of the most successful and impactful startups in recent yearsâApple, Meta, and Craigslist, to name a fewâare âbootstrappedâ successes. See our list: [7 Bootstrapped Companies Hiring Now]( ð° Startups In the News Berlin, Germany-based [Apheris]( a provider of a platform for creating collaborative data ecosystems, raised a â¬8.7M seed round led by Octopus Ventures. The platform enables multiple organizations to extract value from each otherâs decentralized data sets. San Francisco, Calif.-based [Revero]( an AI digital health startup, raised a $5M seed round from backers, including A16Z scout, Goodwater Capital, and others. The company has developed a subscription-based, virtual-care platform that combines precision nutrition, machine learning, and personalized care from clinicians. [See the full list]( ð¥ Hot Startups Hiring Now [Arbol]( A platform for parametric insurance
[Apply now]( [Salad Technologies]( Decentralizing cloud infrastructure through computesharing
[Apply now]( [Lumanu]( Simplifying business for the Creator Economy
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