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Yeah, well, you can blame the "risk aversion" mentality though. It's a true waste of talent for the country.

• hocuspocus 10y ago
  There's very little risk in joining a startup in France. You'll get almost exactly the same benefits as someone working at a big co. Work hours, vacation, retirement, healthcare, unemployment: everything is regulated by labor laws. But when a new grad from a top school can get 40k at a startup, no bonus no equity, or 70-80k total comp at Google, it's a no-brainer.
  • bsaul 10y ago
    A new grad from top school shouldn't think about salary, but equity. Either as founder , or cofounder, or employee. The reason he chooses salary over equity is because it's a safer bet.
    • nraynaud 10y ago
      equity taxed at 40% if the gain is realized?