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Startups Are Scooping Up Big Tech’s Cast-Off Workers

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31–40 of 349 posts

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#31
post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

In France, apparently you can go on unemployment for 2, up to 3 years to start a startup. With up to 80% pay.

In Germany you can get 6 months of unemployment insurance when starting a startup out of unemployment. Or get 6 months paid when starting a startup out of Uni. Then you could get various public funding opportunities like a startup bonus (for example 50K public funding for 50K private investment in an innovative company in Berlin).

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#32

Then move if you don't like a social government... You do understand that USA rich people living of the life's of the poor? No proper health care etc for people cleaning their flats or flipping their burgers...

This is really a different issue; tech salaries in parts of the US really are substantially higher, and that has fairly little to do with the differences in government policies in the areas you mentioned.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#33

Then move if you don't like a social government... You do understand that USA rich people living of the life's of the poor? No proper health care etc for people cleaning their flats or flipping their burgers...

In Germany, it's not the social system per se but it's aoparent utter ineffectiveness. We're paying more and more every year but the state/public system seems to fail everywhere and worse so than the year before. It's like the money is completely sucked up by some unproductive black hole.

And no, it's not because of reduced taxation from rich to working class, or missing taxes on property or some other policy. These policies didn't change that much in the last decade or two. Yet throughout the last decade the state and social security systems had record income, record levels of employment and managed to run down pretty much every part of the public system from education, over healthcare to defense. The money just vanished.

I am very much convinced that Germany as a whole doesn't have an income problem, but a spending problem.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#34
post #31
post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

In France, apparently you can go on unemployment for 2, up to 3 years to start a startup. With up to 80% pay. In Germany you can get 6 months of unemployment insurance when starting a startup out of unemployment. Or get 6 months paid when starting a startup out of Uni. Then you could get various public funding opportunities like a startup bonus (for example 50K public funding for 50K private investment in an innovati…

Not to mention that in Germany many University students not only get free schooling, but also housing AND a monthly stipend. Essentially UBI for students!

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#35
post #33

Then move if you don't like a social government... You do understand that USA rich people living of the life's of the poor? No proper health care etc for people cleaning their flats or flipping their burgers...

In Germany, it's not the social system per se but it's aoparent utter ineffectiveness. We're paying more and more every year but the state/public system seems to fail everywhere and worse so than the year before. It's like the money is completely sucked up by some unproductive black hole. And no, it's not because of reduced taxation from rich to working class, or missing taxes on property or some other policy. These…

That is, in my opinion, by far the strongest argument for lower taxes. The money we (the US) do spend in education/healthcare/infrastructure is already poorly utilized, why would we want to spend more and end up like that?

To simplify it dramatically with an example, I'd rather pay $3 on the toll road and $50k for a surgery myself than pay $10 in taxes towards the road and $100k in taxes towards the healthcare system but receive both of them for "free".

I understand the advantages of a social safety net, I do. But misappropriation of someone's hard-earned money is frustrating as well.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#37
post #33

Earlier quoted context omitted.

In Germany, it's not the social system per se but it's aoparent utter ineffectiveness. We're paying more and more every year but the state/public system seems to fail everywhere and worse so than the year before. It's like the money is completely sucked up by some unproductive black hole. And no, it's not because of reduced taxation from rich to working class, or missing taxes on property or some other policy. These…

That is, in my opinion, by far the strongest argument for lower taxes. The money we (the US) do spend in education/healthcare/infrastructure is already poorly utilized, why would we want to spend more and end up like that? To simplify it dramatically with an example, I'd rather pay $3 on the toll road and $50k for a surgery myself than pay $10 in taxes towards the road and $100k in taxes towards the healthcare system…

Private companies can certainly hold their own when it comes to waste and incompetence. Government doesn’t have a monopoly on these things.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#38
post #31
post #29

American engineers are lucky to earn enough to be able to save up and do stuff like this, like on $200k you can save enough to really try a start-up for a year or two. Whereas in Europe we're lucky to get $80k in the same jobs, and then the state steals half of that :/

In France, apparently you can go on unemployment for 2, up to 3 years to start a startup. With up to 80% pay. In Germany you can get 6 months of unemployment insurance when starting a startup out of unemployment. Or get 6 months paid when starting a startup out of Uni. Then you could get various public funding opportunities like a startup bonus (for example 50K public funding for 50K private investment in an innovati…

Amazingly I did that for 3.5 years at 70% pay, I think the law changed after that. It is the biggest "incubator" in the country.

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#39

Then move if you don't like a social government... You do understand that USA rich people living of the life's of the poor? No proper health care etc for people cleaning their flats or flipping their burgers...

Average salary in SV is 115k, 22k in France. USA live off its neo-colonial digital empire, not through the exploitation of blue collars. When any digital company out there pay 30% of what they earn in tarifs on cloud, ads, servers, licenses, app revenue, patent litigation, …

Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers

#40

Earlier quoted context omitted.

That is, in my opinion, by far the strongest argument for lower taxes. The money we (the US) do spend in education/healthcare/infrastructure is already poorly utilized, why would we want to spend more and end up like that? To simplify it dramatically with an example, I'd rather pay $3 on the toll road and $50k for a surgery myself than pay $10 in taxes towards the road and $100k in taxes towards the healthcare system…

Private companies can certainly hold their own when it comes to waste and incompetence. Government doesn’t have a monopoly on these things.

Companies certainly can be wasteful and incompetent.

But at least they won't put you in prison if you decide not to buy their product.

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