Mike On Ads

Josh Kopelman from First Round Capital (one of our investors here @ AppNexus) has started a great little site for those of you considering leaving Wall Street for a startup!

While no one is happy with the turmoil we’re seeing facing the financial services sector, and no one is happy to see mass layoffs, this does represent an opportunity for startup companies to attract seasoned, technical talent. With Bear Stearns laying off over 7,000 employees, Lehman Brothers rumored to layoff over 20,000 employees, and Merrill Lynch expected to layoff thousands after their sale to Bank of America, we’re on track to see over 150,000 people lose their jobs this year.

If you are one of those 150,000 employees, you might want to consider joining a startup. These days, startups are more stable than Wall Street (seriously). And while a startup probably won’t offer the creature comforts of a job in the financial services industry, startups offer different benefits. You get to participate in the creation of something new. Your work makes a direct (and clear) impact on the success or failure of the company. No more politics, endless meetings, or multi-layered organization structures. Plus, you’ll likely get stock options to share the upside.

Check it out: http://www.leavewallstreetjoinastartup.com/

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