I am not sure how but we find ourselves in Q3 of 2024 and what a roller coster this year has been for all of us in Talent Acquisition. As the market pushes forward we have seen an increase in recruiters landing jobs but simultaneously seeing very little economic recovery across the various niches of tech (adtech, martech, consumer, etc.). So where are these jobs coming from? AI startups.

The technology market has not rebounded from the root causes of our initial decline but instead a new bull run has emerged as investors keep pouring money into AI startups. A crunchbase review shows that 84% of startups that received investment in Q2 were AI startups. The irony is not lost on us that AI is saving many of our jobs right now while also trying to replace us - lol “this is fine”.

When digging into our own internal data of talent leaders in they Syelo ecosystem who have found jobs nearly 40% have done so at early-late stage AI enabled startups. Crazy. We’re not economist nor will be pretend to be so but our sincere recommendation to all that read this newsletter is to pivot your career into AI OR Robotics recruiting.

Our thesis internally is that robotics will be the next massive investment wave enabled by AI. Why? Because what do you do when you have a super intelligent AI? Well, you embed it into a robot of course. The good news for us in talent is that building robots is really fu*#ing hard and you need extremely niche and highly skilled labor to execute - this is where we come in.

In June 100% of the deals won via the Syelo consultancy (our B2B recruiting services - where we deploy out of work Syelo members into fractional recruiting roles) were robotics or AI companies. Now more than ever it’s time for out of work recruiters to rebrand themselves and pivot hard. We’ve got your back - let us know if we can be helpful.

Community

This month we hit 33% member capacity and are extremely excited to welcome 5 new members to they Syelo ecosystem:

1. Jordan Fine, Senior Technical Recruiter, Dotdash Meredith

2. Billy Walsh, Head of Recruiting, Parsley Health

3. Jennifer Goldman, Senior Recruiter, Bolster

4. James Sutherlin, Director of Technical Recruiting, UpWork

5. Krystle Wright, Senior Technical Recruiter, Render

July Events:

1. Fireside Chat w/Senior Advisor Gary Michael 7/8

2. Bi-weekly Pods 7/10

3. Panel Discussion led by Senior Advisors Steve Mair, Suzy Hathaway, Perry Borgert: Career Development for Talent Leaders 7/17

4. Bi-Weekly Pods 7/17

5. SyeloTank ft. SkillPool 7/23

6. LA Meetup @ Elephante!!! All inclusive (no agenda!) dinner for LA members. 7/26

SyeloTank!

SyeloTank is one of our favorite events ever and it makes sense why. Every month we get to see cutting edge recruiting tools built by early stage companies looking to make waves in TA. In June we were fortunate enough to have Puck pitch their GEM killer and frankly, it was amazing. Puck has created an extremely innovate solution that we believe has the potential to 10x your recruiting output. You can check out their pitch here:

Video Link

For those of you who consider yourselves recruiting nerds you can check out all of the SyeloTank pitches on our new YouTube channel!

For the super duper tooling nerds out there feel free to join our July event with SkillPool which is open to the public! Simply register here to attend.

Conclusion

Every month we love to celebrate members who have had big accomplishments in their careers! This month we want to recognize:

Jenny Jongejan who will be starting next Monday at Angelist helping them spearhead technical hiring!

Haley Walker who began her new role at Hotel Engine spearheading GTM hiring!

Thank you all for taking the time to read our newsletter! It has been exhilarating building the future of recruiting with you and as we enter Q3 we wish you all happy hunting and the best of health.

-Amir, Mike, & Sabrina