Switzerland government raises investment funds to support Swiss startups
1–10 of 68 posts
Re: Switzerland government raises investment funds to support Swiss startups
#2>87% of investment in Swiss start-ups comes from abroad.
Wow. Definitely time to give a cash boost.
Re: Switzerland government raises investment funds to support Swiss startups
#3The main problem for Switzerland is not a lack of venture capital, but rather the Swiss Franc.
Cost of living in Switzerland is extremely high, which means a company has to pay huge salaries, and thus command bigger prices for its product. While that works fine when the product is luxury watches, diamonds or highest-quality cheese, it does not work out for "mass production goods" as any product (be it a physical product or a web service) can be cloned in the EU or in China for way less and then sold to Swiss people...
Re: Switzerland government raises investment funds to support Swiss startups
#4The main problem for Switzerland is not a lack of venture capital, but rather the Swiss Franc. Cost of living in Switzerland is extremely high, which means a company has to pay huge salaries, and thus command bigger prices for its product. While that works fine when the product is luxury watches, diamonds or highest-quality cheese, it does not work out for "mass production goods" as any product (be it a physical prod…
Cost of living in Silicon Valley is not lower than Switzerland...
Re: Switzerland government raises investment funds to support Swiss startups
#5The main problem for Switzerland is not a lack of venture capital, but rather the Swiss Franc. Cost of living in Switzerland is extremely high, which means a company has to pay huge salaries, and thus command bigger prices for its product. While that works fine when the product is luxury watches, diamonds or highest-quality cheese, it does not work out for "mass production goods" as any product (be it a physical prod…
I dont think that Switzerland is more expensive than say San Francisco...
While it is true that is one of the most expensive European countries the cost of living is very close to the one in the bay area...
Re: Switzerland government raises investment funds to support Swiss startups
#6The main problem for Switzerland is not a lack of venture capital, but rather the Swiss Franc. Cost of living in Switzerland is extremely high, which means a company has to pay huge salaries, and thus command bigger prices for its product. While that works fine when the product is luxury watches, diamonds or highest-quality cheese, it does not work out for "mass production goods" as any product (be it a physical prod…
I dont think that Switzerland is more expensive than say San Francisco... While it is true that is one of the most expensive European countries the cost of living is very close to the one in the bay area...
It is not much a matter of cost of living but rather cost of the Swiss Franc versus other currencies.
Currently, the swiss Franc is very strong, therefore making any Swiss product expensive to the exterior.
It can become a huge problem for an economy based on trading with neighbors.
Re: Switzerland government raises investment funds to support Swiss startups
#7The main problem for Switzerland is not a lack of venture capital, but rather the Swiss Franc. Cost of living in Switzerland is extremely high, which means a company has to pay huge salaries, and thus command bigger prices for its product. While that works fine when the product is luxury watches, diamonds or highest-quality cheese, it does not work out for "mass production goods" as any product (be it a physical prod…
do you have any link to a study comparing Switzerland tech salaries with Silicon Valley?
Re: Switzerland government raises investment funds to support Swiss startups
#8Earlier quoted context omitted.
I dont think that Switzerland is more expensive than say San Francisco... While it is true that is one of the most expensive European countries the cost of living is very close to the one in the bay area...
It is not much a matter of cost of living but rather cost of the Swiss Franc versus other currencies. Currently, the swiss Franc is very strong, therefore making any Swiss product expensive to the exterior. It can become a huge problem for an economy based on trading with neighbors.
> It can become a huge problem for an economy based on trading with neighbors.
Exactly. Switzerland has just 8.5M people living there, while the US has 322M and Germany 82M. If Germany were expensive, for example, it'd still have a sizable inner-country market while Switzerland does not.
Re: Switzerland government raises investment funds to support Swiss startups
#9The main problem for Switzerland is not a lack of venture capital, but rather the Swiss Franc. Cost of living in Switzerland is extremely high, which means a company has to pay huge salaries, and thus command bigger prices for its product. While that works fine when the product is luxury watches, diamonds or highest-quality cheese, it does not work out for "mass production goods" as any product (be it a physical prod…
I dont think that Switzerland is more expensive than say San Francisco... While it is true that is one of the most expensive European countries the cost of living is very close to the one in the bay area...
I can confirm. Just moved from Zurich to San Francisco. Pretty much everything except rent is cheaper in San Francisco (food can be up to half price of what I paid in Zurich) but rent being such a major expense, it ends up being similar. Salaries are a bit higher in Switzerland though so one would save more on average there.
Re: Switzerland government raises investment funds to support Swiss startups
#10>87% of investment in Swiss start-ups comes from abroad. Wow. Definitely time to give a cash boost.
So what are the major sources for SV capital?