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I too have wondered this. If all else is equal, why wouldn't Google and Microsoft and the other tech giants get founded in Europe for less money and more profit
by brianwawok 10y ago
I too have wondered this. If all else is equal, why wouldn't Google and Microsoft and the other tech giants get founded in Europe for less money and more profit? What is the secret sauce that makes SV work?
- klipt 10y agoI think companies in Europe pay a lot in compensation that doesn't show up as salary. E.g. pension contributions, longer vacation, higher payroll taxes. So while there appears to be a large salary gap, the total cost to employ someone isn't quite as divergent.