Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following job cuts at Twitter, Lyft and other large tech employers. Seed and early-stage tech startups, companies that often haven’t brought their products or services to market, have largely been spared the impact of higher interest rates, persistent inflation and disrupted supply chains roiling public technology companies.
“There’s an abundance of talent right now, because of these layoffs,” Ms. Zhu said. “A few years ago, there was no way we could’ve attracted candidates like this.”