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
The social networking site is expanding beyond its web domain by introducing widgets to encourage impromptu meet ups. The media shy CEO explains his strategy to Fortune.
Interview by Alex Kantrowitz, contributor
See those Facebook "Like" buttons all over the web? If Meetup CEO Scott Heiferman has his way, his Meetup Everywhere buttons will be next. The New York-based social networking site, which currently has around 79,000 groups of people with MOREAug 17, 2010 1:45 PM ET
|Economy is improving but why doesn't it feel that way?|
|Where should you put your money now?|
|Someone bought a $100,000 Tesla with Bitcoins|
|2 million Facebook, Gmail and Twitter passwords stolen in massive hack|
|Ron Paul: Bitcoin could 'destroy the dollar'|