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Not only the amount of investment poured in European startups not the same, but also the culture isn't. It seems like in Europe people prioritize paid holidays
by wreath 5y ago
Not only the amount of investment poured in European startups not the same, but also the culture isn't. It seems like in Europe people prioritize paid holidays and other things given by the state, high taxes etc over big ambitious audacious achievements like you'd see in the US (that later Europe has to combat with regulations instead of innovation). Why pay a SWE in Europe 300k to work on a delivery app? 300k would make sense if they are working on something of the caliber of FAANG (yes, Facebook is just a social network/messaging app, but they possess data that not a single state in Europe or elsewhere can dream of, unfortunately).