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Many employees in Silicon Valley switch to the crypto industry

December 22, 2021
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Many employees in Silicon Valley switch to the crypto industry

News on December 22, according to a report in the New York Times. This year, the employees of Silicon Valley technology giants accelerated their departures and began to switch to the crypto industry. As cryptographic stories such as Dogecoin spread in Silicon Valley, more and more of the best and smartest people in the technology industry have seen the latest moment of change, including Google , Apple, Meta, Amazon and other technology giants have begun to “retire”.

For example, the blockchain domain name company Unstoppable Domains has received more than 350 job applications within two days. In order to curb this trend, Google began to provide additional stock grants to older employees. Google currently declined to comment on this matter. According to PitchBook, an investment data tracking company. This year, venture capital has invested more than 28 billion U.S. dollars in global cryptocurrency and blockchain start-ups, which is four times that of 2020. Among them, NFT companies alone have received more than 3 billion U.S. dollars in investment.

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