By Bryan Schreier
Editor’s note: Bryan Schreier is a partner at Sequoia focusing on consumer and enterprise companies. He represents Sequoia on the boards of Dropbox, Hearsay Social, Inkling, Qualtrics, Thumbtack and TuneIn among others. Follow him on Twitter @schreier.
Got 990 free hours?
Not likely. Yet that’s how long it takes the typical startup to hire 12 engineers. Even if you spread your hiring over the course of a year, you’ll need to spend more than 19 hours a week recruiting candidates to hit that target.
A shortage of engineers is the biggest challenge facing Silicon Valley startups today. Hiring is what enables you to execute your product roadmap. So, falling behind on recruiting is a competitive issue.
Yet many fast-growing startups resist hiring a recruiter. It makes sense to rely on your network of contacts for the first handful of developers. But at Sequoia, we think that once you have product-market fit, the risk to your business is too great not to have someone dedicated to staffing…….