Blind TL;DR Edition No. 22: Week Ended April 8, 2022
Blind TL;DR helps you stay on top of what shaped the tech industry this week in about 3 minutes. Keep tabs on the latest with insights straight from the newsmakers—technologists like you.
The technoking
Elon Musk added another job to his resume: Twitter board director. The CEO of Tesla and SpaceX revealed he had bought 9.2% of the social media giant, making him the company’s biggest shareholder. The serial entrepreneur hinted improvements are now on the way.
Find out why some technologists on Blind think Twitter will need to hire more.
Shutting down
After failing to raise a Series C, Stripe-backed startup Fast sought to sell itself. But that plan fell through, too. Now, the one-click payment startup is shutting down.
Some employees will be laid off, while many engineers can join Affirm. Just don’t call it an acquisition. Affirm wanted nothing to do with the brand or product, and Fast’s service will be no more.
Follow the debate on Blind: Is it insane to join a fintech right now?
From better to worse
Believe it or not, there might be another round of layoffs at the embattled mortgage startup Better. In an all-hands meeting this week, the CEO said the company probably squandered $200 million.
After two rounds of devastating and embarrassing layoffs, the company is now offering a buyout to employees with 60 days of severance and health insurance. At least one Better employee thinks more layoffs could happen next month.
$100 billion
Move over, Stripe and Instacart. There’s no valuation cut here. The China-based fashion app Shein raised more than $1 billion from heavyweights General Atlantic, Tiger Global and Sequoia Capital China at a $100 billion valuation.
Shein is now the third-most valuable unicorn globally, behind only TikTok-owner ByteDance and Ant Group. Check out the reactions on Blind.
A new gold rush
If data is digital gold, we might have another gold rush. Data scientists are increasingly in demand as more companies seek to make sense of all their data. Blind found the average annual salary of a data scientist in the U.S. can be nearly $111,000, but total compensation packages can be much higher.
These are the 50 best-paying cities for data scientists, according to Blind.
Here’s how to get noticed at Google
If you’re looking to join Google, a solid resume could help. A current verified Google professional explains how to write a resume for Google and how she cracked her job interview.
Read a step-by-step guide to writing a resume for Google.
Be a newsmaker
Make an impact with your work. The top companies in the headlines are using Blind to grow. Find out how you can get an offer from some of the most innovative and fast-growing companies.
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