French President announces pro-business measures • Hacker News Board

Re: French President announces pro-business measures

#81

Post by rikacomet » Tue, Apr 30, 2013, 11:27 AM UTC

Mikushi wrote: post #29

rikacomet wrote: post #5

Earlier quoted context omitted.

from a Indian guy, planning on coming to France for Higher Studies: France is sprinting now, when others are exhausted (USA, UK, China, India).. France is where it is right now.

France is not sprinting. No amount of measures will change the main issue we have in France : the people. I am French myself, moved to Canada 6years ago, then moved to London a year and half ago. I have kept a very close eye on France, I tried to find jobs there, interesting jobs, but it is just not happening, there are so many hurdles it's not even funny, just to list a few : salaries are way off compared to places…

If you read it right, I'm going there for studies, not job. France, is working hard on its higher studies, if any government is serious, I as a investor, would leverage on that.

Re: French President announces pro-business measures

#82

Post by rikacomet » Tue, Apr 30, 2013, 11:28 AM UTC

jvzr wrote: post #11

rikacomet wrote: post #5

Earlier quoted context omitted.

from a Indian guy, planning on coming to France for Higher Studies: France is sprinting now, when others are exhausted (USA, UK, China, India).. France is where it is right now.

I'd like to know your sources, and wear your rosy glasses. As a French student, I'll leave the country at the first occasion. We are heading into a big, thick wall and we'll lose more than the pigeons when we go bankrupt.

If everyone saw that side window opening at the same time, the term 'pioneer' would not have been coined.

Re: French President announces pro-business measures

#83

Post by rikacomet » Tue, Apr 30, 2013, 11:30 AM UTC

poub wrote: post #63

rikacomet wrote: post #5

Earlier quoted context omitted.

from a Indian guy, planning on coming to France for Higher Studies: France is sprinting now, when others are exhausted (USA, UK, China, India).. France is where it is right now.

This is an interesting point of view and that it’s not the first time I’ve heard it (especially from indian students who were wondering if they’ve made the good choice coming in the UK instead of France). However the only trouble on those stories is they were describing France a bit too much like California. That said many foreigners usually do see opportunities when locals are just blind. So if there is any attracti…

Yes, its not a walk in the park. If you seek opportunity, even in desert, you would find riches. Its not a hunch, I have carefully compared, what I want, and what I would be getting there, at a particular university.

Re: French President announces pro-business measures

#84

Post by LekkoscPiwa » Tue, Apr 30, 2013, 11:33 AM UTC

There is a reason for which there have been no big French or European company founded after WW2 (1945). The reason is called socialism. Think about it. BMW, Mercedes, Siemens, Loreal, Peugot, you name it! No Google from Europe, no Microsoft, no Oracle, or Tesla, or whatever. Not a single big company from the EU after 1945. Especially overregulated places like France.

I met a French clothes designer in New York recently. He told me he escaped Paris and France because he couldn't afford to open fashion house in Paris. He told me that just to open a fashion design shop in France he would need to pay 15,000 euros (about 20,000 USD) in fees in taxes to the Government. Just to obtain a few pieces of paper from the Government to be able to start the business. Just to open. No profit yet, doesn't know if it will work out or not, has no customers. Using his life savings or going into debt to start his own business and contribute to the society. Penalized to the point he said good bye. He escaped to the USA. Good job Hollande!

Re: French President announces pro-business measures

#85

Post by return0 » Tue, Apr 30, 2013, 11:33 AM UTC

claudius wrote: post #39

ekianjo wrote: post #23

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Well that's still far high enough even at 36%. There are several places more business-friendly around the world.

> There are several places more business-friendly around the world. Sure. There are also several places with much worse infrastructure around the world. If you don’t want to pay taxes, go to Somalia.

Or to Ireland, Estonia, Malta etc.

Re: French President announces pro-business measures

#86

Post by rikacomet » Tue, Apr 30, 2013, 11:34 AM UTC

VSerge wrote: post #37

rikacomet wrote: post #5

Earlier quoted context omitted.

from a Indian guy, planning on coming to France for Higher Studies: France is sprinting now, when others are exhausted (USA, UK, China, India).. France is where it is right now.

Making generalizations is not my thing but I know two things. 1) A crisis and less jobs means more and more young people here are just saying "fuck it, let's startup my own business". 2) Some French startups have done great and became global players in the last couple years, like Criteo, and there are plenty new and fast growing companies that are recruiting talent not only in France but from all over Europe. I shoul…

Sorry, I should have been clearer. I'm a aspiring entrepreneur, and yes, I want higher education if possible from select people in france, but I don't want to stay in France, or any western country right now.

India's Purchasing power is 3rd highest in the world, yet its actual GDP is only 7-8th largest. India, is where I would be, but not right now. Not for post graduation, quality education is something hard to find, due to such intense competition in India, your chances of getting into a IIM, is lower, compared to getting struck by a truck.

Re: French President announces pro-business measures

#87

Post by return0 » Tue, Apr 30, 2013, 11:35 AM UTC

claudius wrote: post #68

speeq wrote: post #61

Earlier quoted context omitted.

What about places like UAE? The Dubai "Internet City"- Free Trade Zone offers absence of corporate and personal income taxes or customs duties, as well as free repatriation of capital and profit in any currency. I'd say, if you don't want to pay taxes, go to Dubai.

Wasn’t there a thread here recently how it took them until 2010 to build a second sewage plant and still have to haul their shit away in trucks?

FYI, after what happened in Cyprus (and may be repeated in malta), dozens of online businesses which were based there are moving to Dubai. Not sure how the schizoid behavior of Europeans authorities with regards to business is helping at all.

Re: French President announces pro-business measures

#88

Post by new299 » Tue, Apr 30, 2013, 11:35 AM UTC

MetaCosm wrote: post #43

babarock wrote: post #15

To me, the most important thing is that he's closing the "040" indicator used by the banks to index the entrepreneurs who previously failed. It's virtually impossible to get help from a bank if your previous startup has failed. There's a bigger picture here. France is so incredibly intolerant of failure it's not funny. There's the rampant myth of the "genius superstar that never fails" and you only get one chance to…

In the US -- we look at some of our most successful businesses and a ton of them had bankrupt companies in their past... Ford (cars), Disney (media), Lincoln (president), Heinz (condiments), Hershey (candy), Twain (author), Fox (media) -- tons of others...

The flipside of that in anecdotally I've heard that companies that really /should/ die limp along from a long time and get more funding in the US. Is this true or just a myth?

Re: French President announces pro-business measures

#89

Post by rikacomet » Tue, Apr 30, 2013, 11:38 AM UTC

tekahs wrote: post #12

rikacomet wrote: post #5

Earlier quoted context omitted.

from a Indian guy, planning on coming to France for Higher Studies: France is sprinting now, when others are exhausted (USA, UK, China, India).. France is where it is right now.

Maybe, but I'm not so sure. Why do you believe that ? (Examples, or whatever)

Well, Its the actual changes in law, like this particular article here today, 10 steps announced by the French Govt. Over last 1-2 years, France has been working pretty hard... on this, lot of opportunities to capitalise on. This year itself, I attended a tour-de-India, by cultural groups from France, it was a really big thing, a clear intent.

Its more like, you might know something is cool, before its cool. The same way, people would laugh at the overpriced education in US/UK, 20 years back in India..

we will see how it goes.. I know clearer than a day, that at the first opportunity, I'm going to France.

Re: French President announces pro-business measures

#90

Post by vacri » Tue, Apr 30, 2013, 11:43 AM UTC

LekkoscPiwa wrote: post #84

There is a reason for which there have been no big French or European company founded after WW2 (1945). The reason is called socialism. Think about it. BMW, Mercedes, Siemens, Loreal, Peugot, you name it! No Google from Europe, no Microsoft, no Oracle, or Tesla, or whatever. Not a single big company from the EU after 1945. Especially overregulated places like France. I met a French clothes designer in New York recent…

Tesla is a big company? Bigger than Virgin? Pull the other one, it's got bells on. I'm not saying incorporation is not stupidly expensive in Europe, but lets keep it balanced.