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State of Startups

stateofstartups.firstround.com

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Re: State of Startups

#31

Post by koliber »

briandear wrote: post #26
jdavis703 wrote: post #19

Earlier quoted context omitted.

Yes but you (generally) get other things like universal healthcare, free or cheap university, retirement plans, no need for a car due to proper urban planning, etc. In the US you have to shell out for all these things, paying into a private 401(k) for retirement, paying back student loan debt, paying for your health insurance etc. And these are at well funded tech firms.

You already get healthcare with US startups.. so that isn't a "benefit" of Europe. "Proper urban planning?" Hah. In Paris you pay San Franscico housing prices or you spend over an hour on strike-prone un-air conditioned buses or trains. As far as retirement plans, pay me more and I'll invest it myself. If I make $150k per year, that's almost triple a French salary -- plenty of extra money to start my own damned retir…

Would it be fair to say that your personal valuation of the Provençal weather, the wine and the laid back feel of living in the countryside is greater than the salary difference of working in a high-paying US company?

Re: State of Startups

#32

Post by ohyoutravel »

aedron wrote: post #24

Interesting answers on lack of gender diversity in IT: Most of the men believe the reason is that there just aren't that many women entering the field, while almost all the women blame bias at various stages of education, hiring and promotion. Someone has a cognitive dissonance.

I don't think it's cognitive dissonance if two different groups believe separate things. Only if one group believes two conflicting things. Being wrong (whichever side that may be) isn't cognitive dissonance.

Re: State of Startups

#33

Post by bkanber »

ohyoutravel wrote: post #32
aedron wrote: post #24

Interesting answers on lack of gender diversity in IT: Most of the men believe the reason is that there just aren't that many women entering the field, while almost all the women blame bias at various stages of education, hiring and promotion. Someone has a cognitive dissonance.

I don't think it's cognitive dissonance if two different groups believe separate things. Only if one group believes two conflicting things. Being wrong (whichever side that may be) isn't cognitive dissonance.

More likely both sides are right to varying degrees. It doesn't have to be black and white, nor are those two issues mutually exclusive.

Re: State of Startups

#34

Post by whoops1122 »

aedron wrote: post #24

Interesting answers on lack of gender diversity in IT: Most of the men believe the reason is that there just aren't that many women entering the field, while almost all the women blame bias at various stages of education, hiring and promotion. Someone has a cognitive dissonance.

there were less than 5 girls on my computer science class, so unless woman are claim that they should have the job without education. I can totally see the reason why there is a gender diversity in IT?

Re: State of Startups

#35

Post by shanwang »

jdavis703 wrote: post #19
demonshalo wrote: post #4

Earlier quoted context omitted.

What I mean is, Europe generally does not even come close to that level of pay/compensation. So I assumed that these are US based startups. I could be wrong though.

Yes but you (generally) get other things like universal healthcare, free or cheap university, retirement plans, no need for a car due to proper urban planning, etc. In the US you have to shell out for all these things, paying into a private 401(k) for retirement, paying back student loan debt, paying for your health insurance etc. And these are at well funded tech firms.

that's partially true, but you forget european countries usually have higher tax than US (not only income tax, but also VAT, fuel tax, etc).

here in London a mid-level engineer, which I assume is the bottom half of senior software engineers, are typically paid £50-£60k/year in startups, which usually have poor pension schemes. £50k is about $60k and you already start paying for 40% tax for the top £10k of your salary.

You can get more if you go to big companies but then so can you in the US.

Re: State of Startups

#36

Post by wmblaettler »

greenspot wrote: post #14

tl;dr because the presentation is super long. I just picked data which I find interesting and not obvious, there's much more information which I don't cover. Data is in chronological order and often aggregated to less numbers. 700 founders inside and outside of FirstRound were surveyed. - 7 of 10 say bitcoin is overhyped - cofounder relationship: 5% fired their cofounder, 5% are strained, 40% collegial, 28% best frie…

I think you have a typo with "52% want to fire up to 10 people...", "hire" perhaps?

Re: State of Startups

#37

Post by benmarten »

jdavis703 wrote: post #19
demonshalo wrote: post #4

Earlier quoted context omitted.

What I mean is, Europe generally does not even come close to that level of pay/compensation. So I assumed that these are US based startups. I could be wrong though.

Yes but you (generally) get other things like universal healthcare, free or cheap university, retirement plans, no need for a car due to proper urban planning, etc. In the US you have to shell out for all these things, paying into a private 401(k) for retirement, paying back student loan debt, paying for your health insurance etc. And these are at well funded tech firms.

That healthcare in europe or any of the social security systems are better is just left-wing propaganda. My health insurance costs me 270$/m whereas in my home country Germany I would have to pay 15.6% which is limited to 678.60€(721.61)/month in the government health insurance. There is predictions and plans that the government retirement insurance mandatory fee will increase to 23-25% in 2030(Currently ~19%). That's just socialist insanity if you ask me. I'm gladly paying my 401k :)

Re: State of Startups

#38

Post by beat »

whoops1122 wrote: post #34
aedron wrote: post #24

Interesting answers on lack of gender diversity in IT: Most of the men believe the reason is that there just aren't that many women entering the field, while almost all the women blame bias at various stages of education, hiring and promotion. Someone has a cognitive dissonance.

there were less than 5 girls on my computer science class, so unless woman are claim that they should have the job without education. I can totally see the reason why there is a gender diversity in IT?

Why is a computer science background necessary for an IT career? I know many, many IT professionals who did not study CS in college.

Re: State of Startups

#39

Post by greenspot »

wmblaettler wrote: post #36
greenspot wrote: post #14

tl;dr because the presentation is super long. I just picked data which I find interesting and not obvious, there's much more information which I don't cover. Data is in chronological order and often aggregated to less numbers. 700 founders inside and outside of FirstRound were surveyed. - 7 of 10 say bitcoin is overhyped - cofounder relationship: 5% fired their cofounder, 5% are strained, 40% collegial, 28% best frie…

I think you have a typo with "52% want to fire up to 10 people...", "hire" perhaps?

you are right (I can't edit my original post anymore)

Re: State of Startups

#40

Post by countryqt30 »

"Founders’ top concerns are talent and customer acquisition."

Most important thing missing! In my opinion, the only thing that really matters for investors is MISSING: growing profit.

This is the only thing that counts for me as an investor and should for a founder. The way of achieving so is by delivering superior product and make clients happy.

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