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Not sure. Since we're asking hypothetical questions about work tied to productivity, why are there almost no EU companies on the top 30 annual revenue list in t

Not sure. Since we're asking hypothetical questions about work tied to productivity, why are there almost no EU companies on the top 30 annual revenue list in the technology sector?

oaiey 4y ago
It is not the working hours (since this does not scale) but about putting work before anything else (little to no vacation, working in the middle of the night, flying to Asia with a day notice, making brutal decisions, ...)
assttoasstmgr 4y ago
I assume they were on vacation when the surveys were mailed out
thealig 4y ago
being on the top 30 annual revenue list does not necessarily tell you anything about productivity or presence culture of the companies in question. it could also entail those companies having more customers and better marketing budget, which can result in good network effect(along with good enough product of course)
ng55QPSK 4y ago
First: Do you really rate success by looking at revenue only? Second: The Europe parts of e.g. Apple play a big role in developing the future of the US company, but revenue seems to be accounting to US only ...
- ceeplusplus 4y ago
  > The Europe parts of e.g. Apple play a big role in developing the future of the US company Not a great example, considering the recent Axx SoCs and M1 SoCs that have transformed Macs as a product and differentiated iPhones from Android were entirely developed in Silicon Valley. Most of the software and hardware engineering happens in the Valley as well.
DoingIsLearning 4y ago
It is mostly due to differences in funding. EU funding is typically small government grants or seed money. Investors are culturally a _lot_ more risk averse if comparing with the US. None of the tech sector in the US would exist without NSF, darpa, and NY,SV investors. Most of the success stories in the EU have been with companies that secured capital from US funds. The only exception I can think of from the top of my head is Nokia and ASML.
- ChuckNorris89 4y ago
  Nokia doesn't really exist anymore except being a marketing machine and name brand for Chinese made OEM Android phones, and a networking device manufacturer with sweat-shop style dev offices in Eastern Europe because they're not competitive on Western wages due to chinese competitors like Huawei stealing/eating their lunch. It's only a shadow of its former self.
  - icelancer 4y ago
    Yeah, but it used to be a huge company and it shaped the future of mobile phones forever, so I think it's fair to point out the major success it did have. It should be a lasting legacy, even if it turned out poorly.
    - ChuckNorris89 4y ago
      A glorious past is pretty irelevant in the current market when you consider all the EU hardware jobs that have been lost or offshored in the process of Nokia's decline. It's one of the reasons why embedded gigs pay so little in the EU.
- icelancer 4y ago
  >> None of the tech sector in the US would exist without NSF, darpa, and NY,SV investors. "None" is probably a bit much but I agree it rounds to a number close to zero.
9935c101ab17a66 4y ago
Is that the most valuable measure of success you can think of? Can you prove that there’s a meaningful relationship between people having to spend less time in a physical office and tech company annual revenue? ( spoiler alert: you can’t) Also, why didn’t you just clearly outline your argument? It seems you’re implying that America is more financially successful than Europe because the US has a toxic addiction to perceived ‘work ethic’.
- icelancer 4y ago
  If EU companies and people are so sure their method of running a business is more successful than US companies, I just figured sales/revenue would at least somewhat reflect these opinions.
  - 9935c101ab17a66 4y ago
    And then you choose one questionable metric, and didn’t explain why you found it compelling or how it is is meaningfully related to work culture?
drawfloat 4y ago
Dunno, but also don't really care when the actual life quality, health and happiness of the workers at said countries are generally better.
DrBazza 4y ago
Language and bureaucracy? The UK and US both speak English and are closely aligned in terms of business practices, and even the smaller East coast Uk time zone difference has a bearing.

Not sure. Since we're asking hypothetical questions about work tied to productivity, why are there almost no EU companies on the top 30 annual revenue list in the technology sector?

oaiey 4y ago

It is not the working hours (since this does not scale) but about putting work before anything else (little to no vacation, working in the middle of the night, flying to Asia with a day notice, making brutal decisions, ...)

assttoasstmgr 4y ago

I assume they were on vacation when the surveys were mailed out

thealig 4y ago

being on the top 30 annual revenue list does not necessarily tell you anything about productivity or presence culture of the companies in question. it could also entail those companies having more customers and better marketing budget, which can result in good network effect(along with good enough product of course)

ng55QPSK 4y ago

First: Do you really rate success by looking at revenue only? Second: The Europe parts of e.g. Apple play a big role in developing the future of the US company, but revenue seems to be accounting to US only ...

ceeplusplus 4y ago
> The Europe parts of e.g. Apple play a big role in developing the future of the US company Not a great example, considering the recent Axx SoCs and M1 SoCs that have transformed Macs as a product and differentiated iPhones from Android were entirely developed in Silicon Valley. Most of the software and hardware engineering happens in the Valley as well.

DoingIsLearning 4y ago

It is mostly due to differences in funding. EU funding is typically small government grants or seed money. Investors are culturally a _lot_ more risk averse if comparing with the US. None of the tech sector in the US would exist without NSF, darpa, and NY,SV investors. Most of the success stories in the EU have been with companies that secured capital from US funds. The only exception I can think of from the top of my head is Nokia and ASML.

ChuckNorris89 4y ago
Nokia doesn't really exist anymore except being a marketing machine and name brand for Chinese made OEM Android phones, and a networking device manufacturer with sweat-shop style dev offices in Eastern Europe because they're not competitive on Western wages due to chinese competitors like Huawei stealing/eating their lunch. It's only a shadow of its former self.
- icelancer 4y ago
  Yeah, but it used to be a huge company and it shaped the future of mobile phones forever, so I think it's fair to point out the major success it did have. It should be a lasting legacy, even if it turned out poorly.
  - ChuckNorris89 4y ago
    A glorious past is pretty irelevant in the current market when you consider all the EU hardware jobs that have been lost or offshored in the process of Nokia's decline. It's one of the reasons why embedded gigs pay so little in the EU.
icelancer 4y ago
>> None of the tech sector in the US would exist without NSF, darpa, and NY,SV investors. "None" is probably a bit much but I agree it rounds to a number close to zero.

9935c101ab17a66 4y ago

Is that the most valuable measure of success you can think of? Can you prove that there’s a meaningful relationship between people having to spend less time in a physical office and tech company annual revenue? ( spoiler alert: you can’t) Also, why didn’t you just clearly outline your argument? It seems you’re implying that America is more financially successful than Europe because the US has a toxic addiction to perceived ‘work ethic’.

icelancer 4y ago
If EU companies and people are so sure their method of running a business is more successful than US companies, I just figured sales/revenue would at least somewhat reflect these opinions.
- 9935c101ab17a66 4y ago
  And then you choose one questionable metric, and didn’t explain why you found it compelling or how it is is meaningfully related to work culture?

drawfloat 4y ago

Dunno, but also don't really care when the actual life quality, health and happiness of the workers at said countries are generally better.

DrBazza 4y ago

Language and bureaucracy? The UK and US both speak English and are closely aligned in terms of business practices, and even the smaller East coast Uk time zone difference has a bearing.