Shocking stat: US startups using Carta had more net hires in a single month (January 2022) than they did in all of 𝟮𝟬𝟮𝟯 𝗮𝗻𝗱 𝟮𝟬𝟮𝟰 𝗰𝗼𝗺𝗯𝗶𝗻𝗲𝗱.
And many more companies use Carta today than did so at the start of 2022.
Net hires here is defined as the total number of employees hired minus the total employees who left the company that month. Total left includes those who left by choice and those who were laid off. The data for 2024 only runs through September, but I'm confident the results will hold even if there was a big hiring surge in Q4.
Slight caveat, this only looks at equity-holding employees. It's possible that many startups have simply pivoted to hiring fractional or part-time workers or potentially outsourced a large amount of roles.
But I don't think that accounts for most of the gap.
Early-stage companies are trying to stay headcount lean as long as possible. Late-stage companies are scrutinizing every new hire.
Feels like a new normal, honestly.
#startups #startupjobs #founders #startuphiring
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