Fired from your crypto job? Here’s what founders are looking for in new talent TechCrunch

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Layoffs continue to spread across the crypto job market amid macro volatility and bearish market sentiment, but there are still plenty of startups looking to hire new talent.

Crypto firms like Coinbase and Crypto.com have downsized in recent weeks, which has increased the talent pool and been instrumental for startups looking to build talent war chests, Jeff Feng said. co-founder of layer 1 blockchain Sei, at TechCrunch.

The layoffs are not specific to crypto; Big Tech has also seen a number of cuts in recent months. But layoffs within the crypto and adjacent industries present startups with an opportunity to tap into experienced talent across the industry, Nate Holiday, co-founder, president and CEO of Space and Time, shared with TechCrunch.

The pace of hiring slowed after the summer of 2022 and continued for the rest of the year, Aleksi Loytynoja, co-founder and CEO of proof-of-talent hiring platform Kleovere, told TechCrunch. The last weeks of 2022, after the collapse of FTX, have been very quiet. Now, after the New Year, it seems there is hiring again.

Yes, most companies are looking to retain their burn rate and expand their runway as much as possible, but many are still hiring for highly intentional and critical roles, Nabin Banskota, co-founder of Niural.com, told TechCrunch. Layoffs increase the talent pool for startups to find really good talent with less competition overall.

Founding Board

While recruiters and talent managers shared their tips on how to navigate today’s recruiting environment, we also spoke with a handful of founders about what they look for in candidates.

The first tip? Be obsessed with web3, said Holiday. If you don’t eat, sleep, and breathe web3, this probably isn’t the industry for you.

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