10/08/2012 05:01 pm ET

Startup Offers Failed Entrepreneurs A Million-Dollar Signing Bonus

It's hard to hire in tech.

How hard?

A startup called Twice is offering a $1 million cash and equity signing bonus to anyone who launched a startup through accelerator programs Y Combinator, 500 Startups, or TechStars and now needs another job.

Twice is calling it a $1 million "acqui-hire."

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