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 :/
Startups Are Scooping Up Big Tech’s Cast-Off Workers
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Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#122American 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 :/
At least in Europe you get something for your taxes (okay, except maybe Germany).
Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#123Earlier quoted context omitted.
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, …
Why does SV pay so much? Can't we just cut pay down to what Europe pays? Why are our companies so charitable?
Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#124Earlier quoted context omitted.
So, you compare the averge of France, a cpuntey not known for high salaries, as a cpuntey to one of the highest paid regions in the world? SV =|= blue collar, the rust belt and Detroit are blue collar.
Ok let's do a fairer comparison. Avg annual income across EU was 33,500 Euro in 2022[1]. For the USA, that was 60,500USD [2] [1] https://ec.europa.eu/eurostat/web/products-eurostat-news/w/d... [2] https://www.sofi.com/learn/content/average-salary-in-us/
Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#125Anyone know?
I feel like the world doesn’t need more saas companies or otherwise you’re doing a chatgpt api company.
Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#126Many are going to start their own startups and the seeds for the next Cambrian explosion are being cast today, just as they were in 2001–2003 or 2008. That said not all Big Tech employees can deal with the hustle required at a startup.
I’m skeptical that the same patterns we saw in the early 2000s are going to play out again. Last time, tech was in its infancy. There was a small universe of people who understood baseline concepts like getting to product market fit, how to measure and implement growth patterns, etc etc. Today these are practically household concepts, and they have been for years. There aren’t a few hundred other people in SV you are…
Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#127American 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 :/
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Don't go by what the media portrays. Your comment makes it sound like Tech workers can never take vacation or have kids. It couldn't be furthest from the truth.
Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#128I don’t understand what the opportunities for startups are these days. Anyone know? I feel like the world doesn’t need more saas companies or otherwise you’re doing a chatgpt api company.
Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#129American 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 :/
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That's out of 330 million total population.
Re: Startups Are Scooping Up Big Tech’s Cast-Off Workers
#130Earlier 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…