Dear Europe, please wake up
131–140 of 323 posts
Re: Dear Europe, please wake up
#132This misses the big one: California bans non-competes, bans anti-moonlighting clauses and lets you quit with no notice. If you’re at an EU company and need to give 3+ months notice to quit that will discourage starting your own company on the side.
Re: Dear Europe, please wake up
#133A lot of the "Europe is bleh" rhetoric is about Western Europe - specifically France, Germany, and the UK (if they make it harder for European and Asian immigrants to come). The Eastern and Central European countries have always felt much more dynamic and open to work hard. There's a reason why the countries on the lefthand side of the graph provided are also the ones with some of the better innovation industries in…
> every developing Asian country from India to Vietnam to China is pushing English fluency Is that still true of China? Several top universities have removed English tests from their graduation requirements afaik.
Re: Dear Europe, please wake up
#134I’m, of course, talking generalities here; there will be exceptions.
Re: Dear Europe, please wake up
#135“The problem is not that regulation 1 or 100 is too much. The problem is that every country has different regulations, creating a mess of complexity if you want to act across a larger consumer market” If you’re building the next Uber sure, this might be a problem. But this is also a HUGE advantage if you’re not though. If you’re building the Workday for Estonia, or the LinkedIn for Germany (ie Xing) you have a huge a…
Re: Dear Europe, please wake up
#136Earlier quoted context omitted.
You re just building 27 different companies that are all reinventing the same wheel in their country, and they are all destined to never grow, until some US company localizes their offering and shuts them all down. Microsoft has done exactly that 100 times
That's a VC perspective. Sure they'll never be a massive 1B company, but they can be successful businesses for 2 to 5 people teams
Re: Dear Europe, please wake up
#137I have no idea whether Europeans work harder than Americans, but I do want to say that you can't extrapolate the overall work ethic of America by looking at the SF tech world. It's a very, very small (and very privileged) microcosm of the country.
The hero arc story is true and has to do with large Protestant population.
Re: Dear Europe, please wake up
#138Earlier quoted context omitted.
As a startup founder in Germany, I am very unhappy about all the friction. „Just Fuck off“ is very unhelpful as an advice, or even as a basis for discussion, and mostly unrelated to the article posted.
Marginal tax rate of 45% before 5.5% solidarity tax and 8%-9% church tax is why my HNW friends in Germany moved to Switzerland. There is also an exit tax if you try to leave the plantation.
And the 45% is at a high threshold (much higher than Ireland for example) though 42% will kick in at a lower % (and the 5.5% is a % on tax, not on the full income, which is a non-obvious aspect of it)
Re: Dear Europe, please wake up
#139Earlier quoted context omitted.
> Expect India to look more like China - with similar economic pitfalls - in the next few decades Pretty much this. The best way to operate in India is to use a mixed Chinese and Israeli mindset tbh. > India’s where offshoring from the us is True, but there is a massive change now from the 2000s where it's just BPO. Literally the crown jewels of enterprise and deep tech and increasingly innovated and designed by the…
> The best way to operate in India is to use a mixed Chinese and Israeli mindset tbh. What do you mean by that?
Cadre-driven parties like the BJP, DMK, BJD, BRS/TRS, etc are organizationally similar to the CCP but other parties are more loose and disorganized, so having a local partner act as your firewall helps massively by pointing you where to invest, just like in China, where most western companies invested in Guangdong, Zhejiang, etc but ignored Hubei or Guangxi.
There's a reason why Israeli, Chinese, Japanese, and Korean companies tend to be fairly successful with their India ventures, because they're used to this kind of an operating model, and most American companies tend to have a first-gen Indian American or Indian educated in America managing operations with India.
Re: Dear Europe, please wake up
#140My pet theory on why tech in Europe is worse than in the US is the lack of career opportunities for software devs. If I, as a developer, want to make more than 100k a year here in Germany, the easiest thing is to work remotely for a US company. There is no corporate ladder for devs. If there is one, it isn't very long. Hungry, young devs move into management or consulting. So, there is no incentive to get better as a…