Silicon Valley

What’s happening in job-hunting, networking and training.

Does Facebook Get Credit for San Mateo Pay Surge?

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Although Silicon Valley’s San Mateo County ranks fifth among the nation’s largest 334 counties when it comes to average weekly wages, it posted the largest jump in first quarter salary over the previous year, according to the Bureau of Labor Statistics. Home to tech names like Oracle, Electronic Arts and Facebook, the county posted a 14.8 percent increase in average weekly wages during the first quarter. That’s far higher than the national average increase, which was a scant 0.6 percent… continue…

VC Altman: ‘Hot Girls’ Only Part of the Bubble Picture

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Sam Altman’s recently spotlighted comments about tech companies hiring “hot girls” to recruit engineering talent was “meant somewhat tongue in cheek, although it’s a real phenomenon,” he told Dice News. When asked about how often this takes place, he said, “I don’t think it’s super common.” The real meat of his blog post: “Maybe now we’re actually in the early stages of a startup bubble.” The venture capitalist and former Loopt CEO pointed to such signs as unsustainable high valuations… continue…

Atlassian Will Boost San Francisco Workforce

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Collaboration software developer Atlassian plans to increase its Bay Area IT team by 50 percent over the next 12 months. The company, which operates dual headquarters in San Francisco and Australia, plans to add 10 people. Currently, the team has 20 members. Overall, 11-year-old Atlassian has 650 employees, with 45 tech people divided roughly by its San Francisco and Australia locations, though several work in Germany, as well. Atlassian plans to grow its IT team to a total of 60… continue…

Bay Area Techs: Congestion Is All Your Fault

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It’s tough to be a newly rich tech worker in the Silicon Valley/Bay Area, what with all those stock options, headhunter calls and the like. Not to mention taking the blame for driving up rents, increasing traffic and failing to fit in with the area’s old guard. In a region usually known for its tolerance, new McMansions, all those extra cars and the rising cost of living have set up a culture clash that could transform the region. TechCrunch Co-Editor… continue…

Korean Tech Startup Hiring in Silicon Valley

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Seoul-based Shakr Media Co. is opening an office in Silicon Valley and is looking to hire locally, according to the Wall Street Journal Asia. The video platform and creation company will operate its development team in Seoul, but its founder, David Lee, has relocated to the Mountain View, Calif., office. “Seoul is a great place to run a start-up…but in terms of working with the world’s largest Internet companies, it’s necessary to be here,” he was reported as saying. Lee… continue…

Twitter Issues Stock Grants for Employee Retention

Twitter reportedly began handing out stock option grants to valued employees over the past two weeks, a maneuver likely designed to keep the social media company’s vested employees on the hook for a longer tenure. According to a report in AllThingsD.com, Twitter began handing out stock grants to not only executives but also valued individual contributors in recent weeks. With Twitter’s IPO documents officially filed with the Securities and Exchange Commission, employees who have been with the seven-year-old company for… continue…

Square Offers Coding Camp to Women and Girls

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San Francisco-based Square is offering an intensive computer science program for women in high school and college, joining a growing number of companies aiming to increase the number of women in the field. The programs are selective, with only eight spots available for Square’s High School Code Camp and 20 in its College Code Camp. The high school program, held after school for eight months, offers lectures, labs, a monthly hackathon and the ability to build an Android app for an end-of-the… continue…

Bay Area CIOs Predict More Hiring in 4th Quarter

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CIOs expect hiring freezes to thaw during the fourth quarter, according to a report released Wednesday by Robert Half Technology. As a result, more of the executives are bullish about filling vacant positions and expanding their staff headed into the close of the year. The survey noted that only 13 percent of the Bay Area CIOs surveyed plan to put IT hiring on hold during the year’s final quarter. That’s 9 percentage points lower than the previous quarter, when 22… continue…

Was Google’s ’20 Percent Time’ Such a Good Idea?

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When Marissa Mayer left Google last year to become Yahoo’s CEO, she took more than a decade of experience with her. One thing she didn’t take was Google’s practice of giving its employees what amounted to one day a week to work on personal projects on company time. Once perceived as a smart, even revolutionary, way to keep employees engaged, the “20-percent time” approach appears all but dead at the Googleplex, with observers wondering whether it did the company any… continue…

Google’s Buying a Lot of Valley Real Estate

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In what is described as the largest Silicon Valley office space deal of 2013, Google has leased 500,000 square feet in Mountain View, near the company’s Googleplex headquarters. Under local government rules, the new space could house up to 2,500 workers. When it comes to Silicon Valley real estate, Google is nearly as dominant as it is in search. The company already has plans for a separate 1 million square foot campus on the grounds of NASA’s Ames Research Center,… continue…