Earlier quoted context omitted.
Tech salaries aren't lower in Europe because of free healthcare and education funded by our higher taxes, they're lower because we don't have a huge government funded defense tech sector, we don't have mammoth sized, trillion dollar SW companies with a global monopoly like FAANGs that create hundreds of thousands of highly paid jobs, we don't have massive VC funds throwing money at every founder that promises to crea…
> have very welcoming immigration laws But also huge language barriers, especially for small shops, not speaking the local language is seen a disadvantage. > we have no massive local companies that can utilize all that talent and no big VC funding That is not because Europe has less money, but because they have different risk profiles and competencies regarding investing. In some European countries governments are th…
Yeah, this x1000. In my area, most startups survive by government and EU grants so the thinking pattern of most startups here is "what do we do to get more grant money?". You can't create successful SW companies like that. Not to mention, the elephant in the room, the fact that those government grants are often accorded by favoritism instead of merit(connections, nepotism, etc.)