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Weekly News Roundup: October 16th

This Is How Much Seattle Tech Workers Could Make in Other Top Tech Hubs

Puget Sound Business Journal | Ashley Stewart | October 16
http://www.bizjournals.com/seattle/blog/techflash/2015/10/seattle-tech-workers-salary-high-tech-hubs.html

“The Seattle area’s lower cost of living means tech recruiters here can offer the same quality of life for less when they hire from other high-tech markets. That’s a huge advantage in a region that struggles to train enough workers to sustain its growing tech industry. One tech worker took a $35,000 pay cut when she moved from Silicon Valley because she said her money would be worth more in Seattle. An entrepreneur moved more than 800 miles from the San Francisco Bay area because he said it’s cheaper to start a business in this city.”

 

GoDaddy Reveals Salary Gender Gap in New Twist on Diversity Reports

Tech Crunch | Cat Zakrzewski | October 15
http://techcrunch.com/2015/10/14/godaddy-reveals-salary-gender-gap-in-new-twist-on-diversity-reports/

“A GoDaddy compensation analysis released Wednesday exposed female executives were paid at a rate almost 4 percent less than their male counterparts. The report also found throughout the total company, women are actually compensated .28 percent more than men. But the gap persists for women in technical roles: Women in technical positions make .11 percent less than men, while women in non-technical roles make .35 percent more than men.”

 

VC Funding Jumps 228 Percent for Seattle Area Tech Companies

Puget Sound Business Journal | Jeanine Stewart| October 15
http://www.bizjournals.com/seattle/blog/techflash/2015/10/vc-funding-jumps-228-percent-for-seattle-area-tech.html

“Venture capital firms injected 228 percent more money into the Seattle metro area’s technology industry during the third quarter than they did during the same period last year. Total investment in technology companies rose to $80.14 million in the third quarter from $24.43 million last year, according to the latest report by Dow Jones VentureSource.”

 

Almost No One in NYC’s Central Park Knows Seattle’s Tech Scene Exists

Geekwire | Jacob Demmitt | October 13
http://www.geekwire.com/2015/almost-no-one-in-new-yorks-central-park-knows-seattles-tech-scene-exists/

“Most people in GeekWire’s random survey shook their heads and said technology isn’t something they’ve ever associated with Seattle. France and Germany made an appearance, but not a single shout out to the city that’s home to tech giants like Microsoft, Amazon, Expedia and Zillow. Michael Schutzler, CEO of the Washington Technology Industry Association, has long said Seattle has a ‘huge branding problem.’ I must say, I witnessed that problem first hand after just a few hours in Central Park.”

 

Seattle to Mars: Exploring Substance and Hype in a New Era of Space

Xconomy | Benjamin Romano | October 13
http://www.xconomy.com/seattle/2015/10/13/seattle-to-mars-exploring-substance-and-hype-in-a-new-era-of-space/

“Space exploration and entrepreneurship are perhaps as complicated a business as there is, with overlapping and interlocking technologies, motivations, and, yes, often enormous price tags—though the dramatic improvements in cost and capabilities that put powerful computers in our pockets are working in this industry, too. At a time when calls for more STEM education are ringing out at tech conferences, political rallies, and across the Internet, excitement can be the overlooked ingredient: You still have to get kids excited enough to begin and continue the long journey to becoming proficient in STEM disciplines. Space is something you can point to and say, ‘This is why.’”

 

Is the Tech Bubble about to Burst? Investors and CEOs Offer Their Take on Key Question for Industry

GeekWire | Todd Bishop | October 12
http://www.geekwire.com/2015/is-the-tech-bubble-ready-to-burst-investors-and-ceos-weigh-in-on-key-question-for-industry/

“Is there a bubble in the tech economy, and are you concerned about it bursting? At this year’s GeekWire Summit, we made a point of asking many of our speakers that question, with the goal of getting a broad range of perspectives from tech leaders on a topic on the minds of people across the industry. The general consensus: Yes, there are plenty of signs of a bubble, and there’s reason for some concern, but there are differences this time around. Each speaker had a different take on the issue, and a different level of concern. Here’s a rundown of their comments…”

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