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Tide of talent battle turning as unicorn lustre fades

Recruitment at steadier employers are easier as venture capital firms have become more careful about which businesses they fund

Published Sun, Nov 20, 2016 · 09:50 PM

    Washington

    WHEN he started thinking about leaving Apple this year, Darren Haas briefly contemplated Uber Technologies, where many friends worked. Instead, the cloud-computing engineer pursued an opportunity he considered more exciting: General Electric Co.

    Excitement and a century-old industrial company don't usually mix in the minds of Silicon Valley talent. But Mr Haas said that hardcore challenges at GE, such as keeping planes airborne and nations' water systems flowing, sold him. Now, he pitches potential hires from late-stage startups on those same big projects, along with competitive compensation. "You're betting on a lottery ticket," he said he tells prospects who like the idea of getting stock in a startup. "There's lots of ups and downs. GE is stable."

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