FORTUNE -- Last week, more than 1,200 people walked into an armory to be enlisted. But they were not there to join the military. They were there to be conscripted into a different American tradition: the boom and bust business cycle. They had come for the Silicon Alley Talent Fair. About 150 employers were waiting to induct them.
Three months ago, the idea for this jobs fair didn't yet exist. It was only created after another fair sold out, leaving dozens of companies on the outside looking in, upset they didn't have the same shot at talent as their competitors. But as so often happens with outcasts, they banded together, organizing a jobs fair of their own, this one far more inclusive for employers and recruits alike. Soon thereafter, they'd sold 1,200 tickets at a $10 face value, (Update: 1,100 tickets sold was the final count, with some going for as low as $5 thanks to coupon codes.) and coaxed many of the big and buzzy New York startups to buy tables. MeetUp, Canvas, bit.ly, Sonar, VYou, and others were there, looking for fresh blood.
To review: that's two job fairs in three months, featuring nearly 200 startups combined, all of them looking to hire 3,000 miles away from Silicon Valley. It is time to stop looking for indicators of a tech bubble. We're not going to get one better than that. More
When the founder of an unheralded startup offered a cri de coeur about the inanities of the funding process, he heard hundreds of voices crying back.
FORTUNE -- If there is a tech bubble, it certainly hasn't given lift to Adam Neary. Neary is the CEO of Profitably, a financial analysis service for small businesses. It doesn't feature check-ins, a bespoke social network, or a game layer. Its cofounder hasn't crashed MOREChadwick Matlin - May 6, 2011 12:54 PM ET
|NJ agrees to ban Tesla direct sales|
|Inside the underground sex economy|
|West prepares sanctions against Russia over Ukraine|
|Five predictions for the World Wide Web that were way, way, way off|
|The Deep Web you don't know about|