If 2015 was a balmy year of fast money and faster hiring in the tech industry, 2016 is shaping up as slower and chillier. How much so remains open to question.
Last year, mega-rounds of $100 million and greater were commonplace. New “unicorns” emerged almost weekly, some with valuations climbing past the ten-figure mark. The battle for talent reached new heights, with plentiful jobs leading to multiple offers even for inexperienced techies, and total pay packages for young engineers heading toward $200,000.
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