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Tech workers leave start-ups for larger firms.
In Silicon Valley, a Flight to Safety
March 7, 2008; Page A1
As the dot-com bust gave way to revival, many Silicon Valley engineers left large companies to join start-ups, drawn by excitement and the promise of fat payouts. Last month, Ameet Kher headed in the other direction.
From late 2006, the 35-year-old software engineer worked at a small telecommunications-equipment maker called Ditech Networks Inc. of Mountain View, Calif. Last year, the company swung to a net loss and laid off employees. Seeing headlines about an economic slowdown, Mr. Kher got nervous and started hunting for another job. Offers came from two tech start-ups, but he wasn’t interested in start-ups anymore. He wanted to join a big company.
By PUI-WING TAM
Full Story: http://online.wsj.com/article/SB120485185824018261.html?mod=hpp_us_inside_today
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