VCs Increasingly Examining Startups’ Hiring Strategies
Startups are no longer able to get away with a simple “we need this position” when it comes to hiring. Venture capitalists (VCs) are now demanding more detailed explanations and justification for why certain roles should be filled by in-house employees, rather than outsourced.
It is important that startups understand the importance of providing adequate evidence and details as to why they require particular positions within their company. VCs have become increasingly aware of the cost savings associated with outsourcing, so it is essential that startups explain how an in-house hire will bring value beyond what can be achieved through outsourcing.
When presenting their case for hiring a new employee, startups must demonstrate how this person will add value and support business growth over time – not just provide short term gains or cost savings. They should also consider any potential risks associated with bringing on additional staff members such as increased overhead costs or disruption caused by onboarding delays or training issues which could impact productivity levels across other departments within the organization.
Overall, it’s clear that VCs want greater transparency from startup founders when making decisions about recruitment; there needs to be clear evidence presented which shows exactly why each role needs filling internally instead of being outsourced.Read more at TechCrunch