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network london media newyork vcs israel costs living / talrnt pool vienna/bratislavia
by andreasklinger 16y ago
network london
media newyork
vcs israel
costs living / talrnt pool vienna/bratislavia
- mahmud 16y agothat "sentence" could benefit from minor punctuation.
- andreasklinger 16y agoyou are right - sorry for that
- pmjordan 16y agoNot sure I agree with cost of living being good (low) in Vienna. Rent & transport is cheaper than London, but more than Berlin or so. Taxation on income is sky high - social security is ~24% on gross income for the self-employed and only decreases once you hit ~€60k (though the first 2 years are ~16.5% plus a fixed amount instead); lowest tax band of 36.5% starts at €11k yearly income - which I guess is OK as long as you're burning existing capital but really hits you once you've got revenue. The available R&D tax breaks, grants and such are clearly designed for larger corporations, not early-stage startups. Bratislava should indeed be much, much cheaper, though. Re: talent pool in Vienna, I can't say from personal experience, but I doubt it's better than London (though admittedly cheaper)
- andreasklinger 16y agoyou are right about the tax point i wanted to keep a positive mood about the own home town berlin and london has surely more talent. but also more competiton in getting the talent. eg setting up a shoestring team in vienna should be easier than in london. the state funds help a lot in the first years. i spoke with people in berlin. recruiting there is currently very tough.