The Current Labor Market is advantageous for startups, as they have better access to talent compared to a few years ago. The previous competition for top talent has normalized, allowing startups to hire meaningful employees. The softer job environment has reset salary expectations, and companies can now hire slowly and thoughtfully. Startups are encouraged to tap into their networks for referrals and attract individuals who are genuinely interested in the company's mission. The layoffs in the industry have also deterred individuals seeking quick wealth from joining startups.

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