Original Message:
Sent: 05-14-2024 10:35
From: Peter Walker
Subject: Ask a Startup Data Expert - AMA
Hi Magdalena - not amazing data, but here's what we do know:
This shows the percentage of new hires that were in the same state as the company HQ by hiring year and company valuation. Looks like in-state hires became a little more common in 2023. Now that doesn't really touch whether they were "remote" but it's a signal.
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Peter Walker
Original Message:
Sent: 05-14-2024 10:33
From: Magdalena Orowitz
Subject: Ask a Startup Data Expert - AMA
Do you have any data on in-office vs. remote hiring?
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Magdalena Orowitz
Original Message:
Sent: 05-14-2024 10:28
From: Peter Walker
Subject: Ask a Startup Data Expert - AMA
Lots more on hiring in our State of Startup Compensation Report: https://carta.com/blog/startup-compensation-h2-2023/
Funding is actually worse in many ways than it was pre-pandemic, which is definitely affecting hiring numbers overall.
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Peter Walker
Original Message:
Sent: 05-14-2024 10:17
From: Shawn Verobali
Subject: Ask a Startup Data Expert - AMA
Very interesting to see! Has fundraising returned to pre-pandemic numbers? Wondering if hiring/layoffs follow the fundraising numbers?
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Shawn Verobali
Original Message:
Sent: 05-14-2024 10:13
From: Peter Walker
Subject: Ask a Startup Data Expert - AMA
Hi Shawn,
So the data for startup layoffs and hiring isn't great either. Here's what we see for layoffs in particular (falling, but still high) and the hiring hasn't really picked up to start 2024. It's a tough tech job market out there for sure.
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Peter Walker
Original Message:
Sent: 05-14-2024 10:10
From: Shawn Verobali
Subject: Ask a Startup Data Expert - AMA
Hi Peter! A question for you: what are you seeing currently in terms of layoffs and hiring? We've seen a lot of news around Tesla and Meta layoffs, is that consistent across startups or focused mostly on larger corporations?
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Shawn Verobali
Original Message:
Sent: 05-14-2024 10:00
From: Peter Walker
Subject: Ask a Startup Data Expert - AMA
Hi Everyone!
I'm Peter and I run the Insights team here at Carta. We are focused on discovering key narratives across the private market ecosystem.
Prior to Carta, I was Head of Marketing for the media analytics company PublicRelay and also led the data visualization team at the Covid Tracking Project at The Atlantic during the peak of the pandemic. I love hiking and walking around San Francisco with my wife and corgi puppy Penny!
Super excited to kick off this AMA - send me all your questions around startup valuations, equity, fundraising, anything and everything. I'll do my best to answer!
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Peter Walker
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