On page 1 this seems like a simple issue of money, then on the 2nd and 3rd page seems like it may be about a little more. But ultimately I think it really is just about the money.
I spent several years working as a developer in the insurance and healthcare industries and I can say confidently that there's plenty of developers who would love this job and would have no problems sticking around for a while. There are plenty of people who either don't want the roller coaster of a startup or else they've already done that for years and now want stability for themselves and their family.
Of course you have to pay a higher wage for these people. This guys seems like he plans to solve his staffing problem by creating interesting problems for the younger guys. I don't think his luck will be any better in 2012.
I spent several years working as a developer in the insurance and healthcare industries and I can say confidently that there's plenty of developers who would love this job and would have no problems sticking around for a while. There are plenty of people who either don't want the roller coaster of a startup or else they've already done that for years and now want stability for themselves and their family.
Of course you have to pay a higher wage for these people. This guys seems like he plans to solve his staffing problem by creating interesting problems for the younger guys. I don't think his luck will be any better in 2012.