4 ms·
The opportunity described is only common in a handful of companies in handful of cities. Outside of this it is going to be rare even in the US. Since Sweden doe
by miskid 5y ago
The opportunity described is only common in a handful of companies in handful of cities. Outside of this it is going to be rare even in the US. Since Sweden doesn't have a large presence of these companies you are going to have to move to for example Zurich or London for it to be common. It isn't a Sweden versus US thing, it's a "achieving a high level in a major company that gives you stock" versus not. The opportunity still exists in Stockholm but requires more achievement, effort and luck because it is less common in absolute terms.
That said it sucks to work in Sweden because it's all about making money through inheritance, housing, stocks or contacts. But I guess that is how it is in many places these days.
- fragmede 5y agoGP poster is also incorrect. Prior to his passing, famous DJ Avicii is estimated to have an estate of 50 million USD; well-off enough to never work again if he didn't want to. There's also, y'know, the Royal Family. GPs post would lead you to believe that Swedish society is flat, but there are absolutely bank managers (or something, I never got a chance to ask) running around driving Porsches while the rich plebs own thirty year-old cars, or don't own cars and take public transit. There are people who can skip the line to getting housing in Stockholm by buying a flat instead of waiting in line for years for a rental property. 20-year olds in the technology field are still much better off, economically, than someone who's chosen to be circus performer or artist. However, a world-class DJ and the fact that some people are richer than others doesn't really contradict the claim that Sweden is much more egalitarian, and my previous points need to be examined within the broader culture of Sweden and Scandinavia in general. (Many Swedes commute daily into Denmark.) Having a car is convenient, but thanks to a world-class public transportation network in Stockholm, rather unnecessary. Car ownership is thus less of a deal compared to much of the US. While the privileged in Silicon Valley are trying to get "fuck you" money (more eloquently expressed as Financial Indpendence / Retiring Early - FIRE), the older Swedes I met still work, and are most proud of the days or week off their job affords and middle-class people are able to travel more than I see Americans (though a lot of that is cultural, but time off work and plane tickets+hotel is expensive).
- beaconstudios 5y agobrb, becoming a member of the Swedish Royal family.