Free ProductHunt Book “How to Build a Career in Tech” Now Available

Today, ProductHunt announced the release of a free 100-page book with the details on how to get a job in tech.

The book is a culmination of advice their  550 community LIVE Chats over two years with remarkable founders, investors, and best-selling authors. Some of the information featured in the book comes from the following experts:

  • Tim Ferriss: Author of many top-selling books including “The 4-Hour Workweek.”
  • Ben Horowitz: Author of “The Hard Thing About Things” and General Partner in well-known Venture Capital firm, Andreessen Horowitz.
  • Jessica Livingston: Founding partner of the seed stage venture firm YXCombinator.
  • Jack Dorsey: CEO of Twitter and Square.

LEARN HOW TO GROW YOUR NETWORK, DEVELOP SKILLS, AND FIND A CAREER YOU’LL LOVE IN TECH.

Download it here.

Recent Prediction Says AI Will Put More Jobs at Risk Than Were Eliminated By The Great Recession

Whoa.

About 10,000,000 jobs are said to be at risk due to this impending artificial intelligence thing.

As CB Insights stated in their recent article on the topic:

The shift from traditional manufacturing to computer-enabled industry took nearly a century. But the shift from personal computing to billions of smartphones, massive networks, and the IoT has taken just a couple of decades.

And the next phase of technological evolution is already underway: advanced neural networks that learn, adapt, and respond to situations.

Yes, this is real. No, this is not a drill. This is the confronting future that all Americans will be faced with no matter what.

Here are the jobs predicted to be hit most by the upcoming changes in technology:

See what other findings CB Insights has found here: https://www.cbinsights.com/research/jobs-automation-artificial-intelligence-risk/

Don’t like where this is going? We’ll just leave this frustrating but totally accurate quote here:

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Apple Co-Founder Steve Wozniak Creates WOZ U, a New Online University

“People often are afraid to choose a technology-based career because they think they can’t do it. I know they can, and I want to show them how.”

– Steve Wozniak, Apple co-founder.

Yes! Finally, people who can impact change are starting to pay attention and solve the problem of expensive education and lack of job training for the careers of today. Yesterday, we wrote about the state of the US economy using maps, and I’d like to refer to the following graphic again:

Source: U.S. Bureau of Labor Statistics, EMSI, and CompTIA; estimates for 2016

People in the tech sector make more than twice the amount than the median household income in 2016. And now there are said that 1 in 3 people are working in a tech career.  These are the underlying reasons that we’ve created our training programs, guidance, and education for people to evolve along with today’s changing job marketplace.

Interested in a tech career? Here’s more information about how Woz U could help.

The mission of WOZ U:

“Our goal is to educate and train people in employable digital skills without putting them into years of debt,” says Wozniak.

Yes. Also, he understands the importance of education and easy access to it as he was once an elementary school teacher.

What courses are offered?

Currently, the only courses available online include ones related to software development, but the institute plans to debut in 2018 classes related to data science, mobile apps, and cybersecurity, according to the Woz U website.

How much will it cost?

Prices for the courses have not yet been disclosed.

How long do the courses last?

In 2019, Woz U plans a 12-to-16 month-long accelerator program that is intended help school leaders identify the institute’s best students and place them in leading technology companies.

Other reasons to check it out:

  • Woz U plans to work with technology companies to help them “recruit and train, or even retrain, a workforce.” The institute also plans to provide computer science related curriculum to various school districts.
  • “Each platform will offer students personalized learning to meet their needs,” the spokesperson said in an email.

Find the Woz on twitter @stevewoz. Read more on Fortune magazine.

The Future of American Jobs Is Here to Stay (Shown with Maps)

Top city-planning thinker and economist, Richard Florida, has been preaching that cities prosper when they attract upscale innovators and entrepreneurs. He’s said that cities where the creative class wants to live, will, in turn, create jobs.  And Florida finds that 1 in 3 Americans already belongs to the creative class.

Emerging tech hubs — called Next in Tech cities —  are setting up shop in Provo, Utah; Nashville, New Orleans, Cleveland, Denver and Charleston, S.C. The undeniable lure of a lower-cost of living and talent pools fed by nearby universities play a significant role.

These up-and-coming tech hubs combined with new advances in technology are changing the face of our nation forever.

Below, find some top maps that explain the current state of our nation, the job market and how it’s changed over time.

Current Unemployment rates by state (aUGUST 2017)

Source: United States Department of Labor, Bureau of Labor Statistics

Most Common JOBS IN EACH STATE over time, 1984-2014:

1984

1994

2004

2014

Notice how secretaries made way for truck drivers, and then truck drivers have begun to make way for software developers. The last graphic shows the nation three years ago. Imagine what the next few years will look like with the emergence of self-driving cars. That future is a lot closer than most people realize.

Source: NPR, 2015

Top 35 US Cities for Tech Jobs

 

Source: USA Today, March 2017.

most funded tech startups in each state

Do you notice some tech giants making their way into this list? Duolingo, Uber, and LivingSocial are just a few of the up-and-coming tech companies who will employ a large percentage of Americans, and improve our economy.

Source:

PERCENTAGE OF WORKFORCE IN TECHNOLOGY

 

VENTURE CAPITAL INVESTMENTS by city

Source: Martin Prosperity Insitute, 2016 (Also, the

study was put out by one of my all-time favorite economists, Richard Florida)

The last graphic, while not a map, is critically important for everyone to understand. The wages of tech workers are 105% higher than the national average. Keep in mind that the median household income in 2016 was $53,130.

Source: U.S. Bureau of Labor Statistics, EMSI, and CompTIA; estimates for 2016

Yes – wages are growing, unemployment is decreasing, jobs are being created, and the stock market is higher than it’s ever been.

However, other metrics tell a different story, and that is that not everyone is benefiting from this economic growth.

Data on income equality, median household income as shown above, percentages of people living in poverty (12.7% in 2016 – mainly stagnant from 2007, pre-recession days), and lop-sided cities where the only people who can afford to live there work in tech tell a different story.

It’s time for us to educate our nation, develop new regulation,  and build new and powerful job training programs – which is the sole purpose of this website – to truly make America great again.

Want to learn more? Here are some excellent resources on the topics covered above.

As usual, we welcome any questions or comments in the box below.

Americans are moving to more affordable cities & so are the tech giants

Today, I came across a very thoughtful and meaningful article from the Redfin CEO, Glenn Kelman.

In case you aren’t familiar with REDFIN (RDFN), it’s a home buying and selling app for your smartphone which helps you to buy or sell your home. In the past year, my partner and I used it to purchase and sell our house.

This article talks about a reason why there is a mass migration happening around the US right now from citizens. While in early innings, below find Glenn Kelman’s most salient points synthesized. Read about the impact of the mass migration, whether you’re in tech or not:

  • Tech companies once saturating San Fransisco and Silicon Valley are now searching for better places to start and expand their businesses. “Better places” mean lower cost of living/doing business and available talent.

“In the past twelve months alone, Facebook announced plans to double the size of its Seattle presence, Google broke ground on a massive new Seattle campus in Amazon’s South Lake Union neighborhood, and Apple expanded its Seattle office as a hub for artificial intelligence. “

  • These tech companies are now even having problems expanding and even maintaining in Seattle now, and the Mass Tech Migration has now begun for talent to move to more affordable areas.

“But now Amazon has decided to open a second headquarters, hiring 50,000 people outside of Seattle.” …

… “All of these companies are exploring new cities for a variety of reasons, but a big one has been to follow the talent to a lower cost of living. This began with folks leaving San Francisco for Seattle years ago, and now some in Seattle are leaving for places like Portland, Denver, and Nashville.”

Top sales reps like Jennie White has left Boston in search of Facebook in Austin. Brin Chartier of Tablelist has moved to Austin. Dan Zarella, the former Social Media Scientist at HubSpot in Cambridge, now lives in Las Vegas. Rachel Goodman Moore has moved from SF-area to Seattle.

  • Housing prices in significant tech cities like SF, Seattle, NYC, and Boston are incredibly high because of stock awarded to tech employees. When employees are paid a slightly higher-than-normal salary and are paid extremely well with stock, the stock is how they can find a down-payment for an expensive home and then continue to pay for it. Tech companies are what drive higher home prices.

“And of course, this stock was the only way most employees could afford to live in a town like San Francisco or, increasingly, Seattle.” …

… “In an age of freeways and airplanes, of cloud-computing, virtual meetings and Github, it was impossible that such differences in wealth and politics could remain so stark over such small distances for so long.”

Here’s what 500,000 will buy you in Seattle:

Here’s what 500,000 will buy you in Nashville:

Here’s what 500,000 will buy you in Boston:


See listing on Redfin.

Here’s what 500,000 will buy you in Raleigh:


See listing on Redfin.

Want to read Glenn’s full article? Good idea. Find it on LinkedIn here. Follow him on Twitter here @GlennKelman. Also, do you love real estate? Redfin is hiring like crazy in cities across America.

US loses jobs for first time in 7 years, but it’s not all bad.

The US lost 33,000 jobs in September — the first negative number since 2010. Analysts were expecting Hurricanes Harvey and Irma to hit hiring, but still anticipated a gain of 80,000 jobs.

Some expect a rebound in October, particularly with rising demand in the construction industry for hurricane damage repairs, while others predict this could have an impact on jobs for years.

Yes, while this might seem like bad news, there are positive signs that the economy is strong and improving. Examples include:

  • wages rising
  • the unemployment rate hit a 16-year low of 4.2%a
  • and the Dow Jones and Nasdaq are being basically at their highest point ever.

Interested in learning more? Here are some relevant articles:

The Top US Cities Where Tech Venture Capital Is Concentrated

Thanks to a new report from Thompson Reuters we can see just how prevalent venture capital funding is throughout the world. In the chart down below, you’ll find which cities in the United States (I removed the other world cities to keep the post focused – see the full list here) are receiving the most venture capital.

Not exactly sure what venture capital is? That’s cool. Venture capital is capital (aka money) which is invested into an earlier stage business which is less established to help it expand and grow.

Often in the world of tech, you’ll hear the following terms for different stages of funding. Seed rounds of funding are usually a small amount of money (think 10,000 – a couple hundred thousand) to help a business get started. The company often has not achieved “product-market fit” yet and is still doing business pivots to find the right niche to serve. After they’ve found a good business model and acquired a few customers, then comes venture capital funding to help the company grow, and grow fast. There can be several rounds of VC funding – and each one usually helps the business put “their “foot on the gas” with growth. They may want to get to profitability or forfeit profitability for razer thing margins and then reinvest their revenue to grow faster. 

Venture capital is how companies like Google, Uber, Instagram, Apple, Kickstarter, Periscope, HubSpot, Paintzen,  CodeShipe, DraftKings, Drift, Reddit, Kayak, Paypal, LinkedIn, YouTube, Yahoo, Jebbit, Fitbit, and thousands of others got their start. 

Venture capital firms are also excellent for the economy.  This infographic begins to tell the story of its economic impact:

Back to the US and VC funding – the U.S. is the world’s dominant center for venture capital and accounts for nearly 70% of total global venture capital. Asia and Europe follow it with roughly 14% each (14.4 percent for Asia and 13.5 percent for Europe).

Technology is only going to continue to grow in importance in our lives. It’s time we start training to help the Netflix succeed, instead of trying to bring back Blockbuster.

Rank Metro Venture Capital Investment (millions) Share of Global Venture Capital Investment
1 San Francisco $6,471 15.4%
2 San Jose $4,175 9.9%
3 Boston $3,144 7.5%
4 New York $2,106 5.0%
5 Los Angeles $1,450 3.4%
6 San Diego $1,410 3.3%
8 Washington $835 2.0%
10 Seattle $727 1.7%
11 Chicago $688 1.6%
13 Austin $626 1.5%
18 Philadelphia $413 1.0%
19 Phoenix $325 0.8%

Interested in seeing what the top venture capital firms are in your state? Check out this report compiled by CBInsights. If you’re looking to work for some cool companies in your area which have received venture capital, look up the VC firms below and see which companies they promote in their profile and if they’re hiring.

Have something to say which we didn’t include above? Share below, and we’ll connect.