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Silicon Valley's Talent Grab Spawns High-School Interns

 

Landing top talent is getting so tough in Silicon Valley that technology companies are trying anything for an edge -- including hiring interns out of high school and boosting new recruits’ perks.. . .For the companies, it’s all about keeping up with Silicon Valley’s youth-oriented culture, especially as the young and technically inclined are sometimes encouraged to create their own startups instead of joining large organizations. Early Facebook investor Peter Thiel pays people under 20 years old $100,000 to quit school to pursue their passions. Others aspire to follow the path of Summly Ltd. founder Nick D’Aloisio, who became a millionaire at 17 last year when Yahoo! Inc. acquired his mobile application.. . .The drive for youth is being spurred by more people getting into technology at a younger age. With online coding tutorials and Web communities for collaborating on software, high schoolers don’t have to get a computer science degree before producing their own mobile apps. Many find their way to events such as hackathons and contests to find bugs in software, which attract whoever has the skills to compete.. . .In the push for candidates, summer interns are getting treated better, too. It’s become standard for engineering interns to snag free housing, transportation and salaries of more than $6,000 a month...

 

I think more people are realizing that there is no need to piss away a fortune on a worthless college degree.

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