Billing itself as the “first transparent marketplace for recruitment,” the site lets qualified engineers submit a profile, then startups bid against each other for the tech talent. Cofounder Matt Mickiewicz told TechCrunch, "We’re flipping the traditional model on its head, by having employers submit offers first, and interview later.”

DeveloperAuction's first auction attempt ended last month, with 88 engineers submitting profiles and $30 million in job offers from 142 startups, including Quora and Dropbox.

Engineers don't have to accept the highest bid. (Because who signs up for an auction if they like money, right?) But if subsequent interviews are a success and the startup wants to make an offer, the company is required to stick to the amount specified.

If you want to apply for the next auction later this month, here's what your resume should look like:

DeveloperAuction says it is accepting applications from developers with “notable GitHub profiles,” CS degrees from Stanford or MIT or currently employed at Google, Zynga, Facebook, Twitter, Apple, Yelp and Square for upcoming auctions.

The service is only available in the Bay Area and Boston right now, but has plans to launch in New York City. Considering we saw an ad encouraging riders to apply for Made in NYC ™ tech jobs in the back of our taxi last night--get 'em when they land!--we're sure the site won't have a problem getting startups to sign up.