Internet Jobs
Dot-Coms Luring Seasoned Pros
By Guide J. Steven Niznik

Dateline: March 27, 2000

Background

Many Internet jobs have been filled from the younger labor pool in the U.S., maybe because Internet companies see the Web as a hip, new media that requires fresh talent and young ideas. But maybe it's also because seasoned pros of the baby-boomer generation cost more. Many Internets are under-funded start-up companies that can't afford experience. They get hot, new, Internet job skills cheap, by hiring entry-level twenty-somethings from the so-called Generation X. Additionally, some Internets are run by Generation-X entrepreneurs, who hire their own kind.

But now that the Internet revolution is well underway, it's requiring more experience and larger amounts of financial backing to compete. The days of self-funded techies are drawing to a close. Most Web entrepreneurs of today are backed by venture capitalists, to the tune of $6 billion in 1999 alone. With so much money at stake, the tide is turning. Experience now counts.

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