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Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

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51–60 of 197 posts

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#51

Hey, but at least you get paid more in U.S., right?

Zurich pay can eclipse Valley pay. I have friends who went to ETH for grad school and were getting close to 100k CHF a year. This is grad school -- the pay goes up from there.

Do not forget that the taxes are way different and should be accounted for in a comparison.

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#52
Y'know, I once was talking to a hiring manager about my potential job. He said something about working 10 hour days and often working weekends.

I said, "Great, I don't think this job is for me. I hope you guys do well!"

And then I got another job, and I work 8 (maybe sometimes more like 8.5) hour days and no weekends. Outside of genuine "we're on fire" operational catastrophes, which happen like once or twice a year.

I live and work in SF.

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#53
post #33

Earlier quoted context omitted.

Zurich pay can eclipse Valley pay. I have friends who went to ETH for grad school and were getting close to 100k CHF a year. This is grad school -- the pay goes up from there.

Getting paid while in grad school? Or you're saying the pay goes up as you go from graduate degree to Ph.D?

Yes (both).

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#54
post #33

Earlier quoted context omitted.

Zurich pay can eclipse Valley pay. I have friends who went to ETH for grad school and were getting close to 100k CHF a year. This is grad school -- the pay goes up from there.

Getting paid while in grad school? Or you're saying the pay goes up as you go from graduate degree to Ph.D?

Getting paid while in grad school. As a grad student at ETH, depending on your department, you'll earn anything from $60k - $100k (ballpark).

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#55
post #15

Earlier quoted context omitted.

> Not that US is any better for Indians. Based on current estimates, if someone from India applies for an employment based Green Card now, they might get it in 70 years. And life is a pain because you have to do a lot of paperwork throughout. I thought that is because so many Indians applying for green cards but there is a limit by country so it takes a long time?

Yes, that is one of the main factors. And the ground reality is that right now a new employment based Green Card petitioner from India would need to wait 70 years.

Need to get this fixed. A bipartisan bill cosponsered by 340 house representatives is there but Paul Ryan is not allowing the vote on it. Perhaps not the limit fixed, but the backlog that's currently there for H1bs. It will be extremely beneficial for the country, for the H1bs and family, and would drive up tech wages. Literally no negatives.

Their cause is even more sympathetic than DACA. I sincerely believe if they were protesting and more politically involved, they'd easily pass it through but no noise is being made. That's a good thing personally in my opinion since I'm turned off by protests and think that it divides us, and most protesters are very aggressive and bluntly not very bright. However, protests are very effective in American History in order to make change and if I were in their position I'd say that's the best bet. Some protests seem politically manufactured and arguments easily refuted, but movements like the civil rights movements and the American Disability Act would not have been possible without protests.

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#56
post #36

Hey, but at least you get paid more in U.S., right?

Zurich, along with London, has the highest salaries for development in Europe. You may need to work in a finance-related position, but you can make fairly big bucks.

The one major non-finance option is Google, which has a large and growing engineering office there.

https://careers.google.com/locations/zurich/

Disclaimer: I work for Google, but not in ZRH.

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#57
post #41
post #25

Earlier quoted context omitted.

This means you will never build anything with zero marginal cost. That cuts out a lot of opportunities - and with software eating the world, more and more opportunities over time.

Only few companies can "win the world" by definition -- and besides work, it takes tons of luck, relinquishing control to VCs and stock markets, and boards, and all the right stars aligned. Plus the personal toll. One is better off building something smaller, where work and talent is enough to maintain it. There are more opportunities in those companies (e.g. a $1 to $50 million dollar business) of which there are te…

I agree the costs are high, but if you don't pay them, someone else will.

$1..50 million dollar businesses: I agree, great stuff. I'm just not sure that such businesses have realistic long-term moats against the Amazons of the world.

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#58

Earlier quoted context omitted.

> "This is a great observation: we need better accelerators to incubate startups that are more realistic and not willing to salt the earth to win at all costs [1]." We already have that. They're called banks.

There's a huge gap between investments banks consider too risky and the kinds of things SV investors in particular want to fund.

Depends on your growth strategy. If you're prepared to start lean and can demonstrate early signs of revenue then I'd imagine you'd find banks willing to cut a business loan.

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#59

Hey, but at least you get paid more in U.S., right?

Zurich pay can eclipse Valley pay. I have friends who went to ETH for grad school and were getting close to 100k CHF a year. This is grad school -- the pay goes up from there.

On the other hand, you will need that much to live there!

Take this 250k googler, he's more frugal than anyone I know and yet they spend 90k/yr living in Zuerich. http://retireinprogress.com/2017-q4/

Re: Forging a Swiss Lens: How Zurich's tech scene changed my view of SV

#60
post #25

Earlier quoted context omitted.

So don't build an AirBnB-like solution.

This means you will never build anything with zero marginal cost. That cuts out a lot of opportunities - and with software eating the world, more and more opportunities over time.

Software will never truly eat the world until there is a way to move matter and collect energy and resources through software alone, without having to create new infrastructure. Until that is solved there is plenty of opportunity everywhere.
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