Earlier quoted context omitted.
Ah yes, my fabulous Dutch healthcare basically consisting of being told "you're fine" and overpriced acetaminophen.
Sounds like the non-existent British NHS where getting an appointment to see a doctor is about as likely as meeting the Loch Ness Monster for a spot of tea and crumpets.
UK's hardware talent is being wasted
261–270 of 1001 posts
Re: UK's hardware talent is being wasted
#262As a Brit, when I was raising the seed round for my startup, UK and European VCs would consistently try to haggle you down on price while the American VC's were exclusively focussed on trying to figure out whether this could be a billion dollar business or not (in the end we raised a $5m seed led by Spark, and have done extremely well and raised more since). The UK lost Deep Mind - which could have been OpenAI!! -- t…
For example, right now there is not a single VC in Canada who does large pre seed / seed investments based on an idea and the founding team.
In the US you can get a 1 million cheque within a week.
That is the real reason Canada is failing on a macro scale.
@dang hopefully I have kept this well balanced.
Re: UK's hardware talent is being wasted
#263Earlier quoted context omitted.
>Yes, there are advantages of a stable and well functioning systems Current EU is definitely not a stable and well functioning system. Look at economic conditions, political outcomes, illegal immigration, wealth inequality, societal and political trust, homelessness rates, birth rates, free speech suppression, welfare austerity, etc Everything has been going downhill since the 2008 crash. It's a powder keg. >they are…
Yeah right, Reform AFD Rassemblement national Fratelli d'Italia and other risings stars have nothing to do with race and even if they do it's Americans behind it. Everyone knows that Europeans are much more racist than Americans, it's just that we are much less explicit about it and its issues are different than the issues in the USA.
Re: UK's hardware talent is being wasted
#264Re: UK's hardware talent is being wasted
#265Earlier quoted context omitted.
Absolutely. No public transport, almost no culture, and housing anywhere nice is even less available than in London. For a young person working at one of these firms, where can you live? Where could you meet someone to date? What can you even do at the weekend?
JLR is based in the metro area of Britain's second city. It's not exactly the middle of nowhere. Rolls Royce is in Derby, on the edge of the Peak District with much to offer. Much cheaper housing with more space available. And unlike in London, driving a car isn't hounded by terminal congestion.
Derby I haven't lived in but know people who have. It's an old manufacturing town and hasn't much to offer graduates. Or anyone really. The Peak District is great, and if you can live out that way and commute in then do it. But again, you won't have similar people for local friends.
Re: UK's hardware talent is being wasted
#266Earlier quoted context omitted.
Wait what. Quality of life in rural UK is worse than rat race of London?
Absolutely. No public transport, almost no culture, and housing anywhere nice is even less available than in London. For a young person working at one of these firms, where can you live? Where could you meet someone to date? What can you even do at the weekend?
When I live in London I didn't drive, which was kinda nice but also meant I've only been out of city like once a year.
Sitting in traffic sucks of course, but driving rurally opens so much.
As for weekends - driving and hiking I guess?
Re: UK's hardware talent is being wasted
#267Re: UK's hardware talent is being wasted
#268It's not just in the hardware sector, it's across the board. My (American) wife moved to London years ago and was a manager in a prestigious London museum overseeing 60 people. She has over 20 years experience in some of our top museums and her salary in 2023 was a paltry £30k. We just moved to the US and within a couple of months she has a job in museums here but now paying 2.3x the salary (converted back to £) and…
The culture sector in London is notoriously badly paid. Mostly staffed by the intellectual trophy husbands and wives of the financial sector. Even similar sized public sector organisations (thinking education) pay far better. A senior headteacher with 50 or 100 staff will do a lot better than a cultural manager.
Oh so true. Which helps to explain the number of levels of management in UK cultural institutions, because in London there are enough of these people who want a (poorly paid) role that it's better to have 3 layers of management when 1 would do.
Re: UK's hardware talent is being wasted
#269Re: UK's hardware talent is being wasted
#270As a Brit, when I was raising the seed round for my startup, UK and European VCs would consistently try to haggle you down on price while the American VC's were exclusively focussed on trying to figure out whether this could be a billion dollar business or not (in the end we raised a $5m seed led by Spark, and have done extremely well and raised more since). The UK lost Deep Mind - which could have been OpenAI!! -- t…
Completely agree, the problem in Europe is not regulations or anything like that - it is a mindset issue. It is one of things that europeans can learn from Americans. My hypothesis is that this is a combination of old money and class consciousness. In other words, the rich are risk averse because all they care is preserving their wealth and the working class don’t believe and can’t even imagine that more is possible.
They were exterminated and replaced by a very small European population. Like sterilising a Petri dish and letting bacteria grow, the opportunities that population experienced were the biggest any population in the world ever had. Just look at a graph of the population growth of US OR California in the last century and compare it to others.
Now there is in California a population of near 40 million people.
That is not a "mindset", this is real growth that they could experience and the rest of the world could not.