Tech is a growing sub-field of engineering that deals with the application of new technology. The growing need for skilled engineers in this fast growing industry has created a market that is ripe for manipulation by clever entrepreneurs. One such company that has exploited the Tech industry for profits is Apple, which has grown into one of the most valuable companies in all of the world. Apple Computers has helped to create many new jobs because of the many innovations they have made in the field of computer science.
Venture capital firms have discovered that there are plenty of tech companies that are in desperate need of engineers who can help them design, develop, and manufacture their products. The venture capital firms look for these types of people in these companies because if a company doesn’t have an experienced engineer on its staff, then that company will lose a lot of money. Since the tech industry is so lucrative and is growing exponentially, more companies are being introduced and more positions become available every single day. The demand for qualified engineers is so great that there is a position waiting just for every one that applies.
Companies are taking advantage of this demand because of the fact that it is difficult for small companies to compete with established large corporations. These large corporations have access to tons of capital, funding, and marketing dollars that mean that they are not concerned with the needs of the smaller business. This allows them to take advantage of the smaller company because they do not have to really compete for market share with their competition. They know that they will be able to dominate the market because of their huge investments. Many tech companies are willing to enter into a venture capital backed businesses because they know that the future success of their business model is based off of rich investors. Venture capitalists reward these larger companies by providing them equity which means that these companies can purchase new equipment, meet payrolls, pay for marketing, and expand their borders.