51–60 of 162 posts
California better stop punishing entrepreneurs with it's heavy tax stick before experiencing disaster in it's tax revenues. Exodus seems to be accelerating.
1: https://www.latimes.com/politics/la-pol-sac-skelton-income-t...
I wonder why entrepreneurs don't come to Poland to build their product. Warsaw or Wroclaw in particular are vibrant, tech-oriented cities where life is about 1/4 of SF. If I had to bet my future on being able to building something with 1M, I would want to get 4 months instead of 1 for the money. Of course, SF might have better investing ecosystem, but once you got the money development should be done in a more approp…
As a first generation immigrant I just don't think the opportunities for socio-economic mobility would be present for my (future) kids anywhere but in a liberal democracy.
[1] https://www.theatlantic.com/magazine/archive/2018/10/poland-...
Last I checked, San Francisco alone accounted for 25% of the V.C Money and San Francisco + Silicon Valley accounts for over 45% of V.C. Money.
Source: https://www.citylab.com/life/2018/03/the-extreme-geographic-...
> The Bay Area—that is, San Francisco and Silicon Valley—currently accounts for nearly 45 percent of total venture capital investment in the entire United States
and there is no tug of war.
>This kind of story is often framed as a tug of war between Silicon Valley and the rest of the country
Write all you want, but if you are looking for funding (which most entrepreneurs are), then San Francisco and Silicon Valley is still the place to be at.
Earlier quoted context omitted.
You seem to assume SF salaries will be offered in places that are also super cheap? Do you expect founders and investors to ignore the cost of living reality in Nowheresville just cause?
Why on earth would the value someone added to a company have anything to do with the cost of living where they live? Either you support remote or you don't but I would not expect different remote salaries based on where that remote employee lives. I know some companies do this, but I can't imagine it's a practice that will continue once remote work becomes the norm as it makes little sense.
Earlier quoted context omitted.
Sure, if you're young and single and saving aggressively, you can still come out ahead in SF. But Even at half or 1/3 the salary, you'd still come out ahead in many areas across the country, if you have a family of 4. In SF, it's not just the extreme housing costs, but also the 3K-4K/month day care costs (if you can get it), and all the other COL.
How can you save when you’re paying $4k a month in rent?
FB group for anyone else considering leaving: https://www.facebook.com/groups/373683909882919/ I can tell you that Miami would definitely like you here, even our Mayor cosigns: https://twitter.com/FrancisSuarez/status/1100425644968738822
Source: https://magiccitydistrict.com/
Note: what you see in the pictures are not built yet
Earlier quoted context omitted.
Manufacturing and software development are very different though. Any able bodied person can work in a factory. If we're being generous I'd say at most 10% of the population is even capable of writing software. The demand for these people is only going to increase. As we have seen with rising developer salaries, the scarcity of the skill allows some leverage to the employee that other fields lack. Software developmen…
Don’t get me wrong; I would expect salaries for remote programmers in rural areas to be higher than typical for the area. But the future is not going to be something like hundreds of thousands a year in a town where average of cost of living is like $30-$40k. It’s quite possible I am being too cynical. But people spend all day carefully measuring what we should make to insure the balance isn’t too tilted in our favor…
It's easy to get residence status (IIRC basically requires a ~$60k investment in a business you are starting) and extremely easy to start a business. You get access to the EU labor/trade markets in a low COL city which already has a decent sized tech and entrepreneurship presence. The government is actively courting you and in general seems very easy to interact with and move forward with - reducing the PM/lawyer overhead of operating a medium sized business in other countries. And if you stay there long enough it's not overly complicated to get EU permanent resident status.
Overall, Tallinn beats SV in almost every way except for two - developer talent/concentration (though it's still pretty good) and local capital.
FB group for anyone else considering leaving: https://www.facebook.com/groups/373683909882919/ I can tell you that Miami would definitely like you here, even our Mayor cosigns: https://twitter.com/FrancisSuarez/status/1100425644968738822