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> unless someone shows European companies are more profitable They are. Most US "innovative competitive startups" are losing hundreds of millions, and often bi
by dmitriid 4y ago
> unless someone shows European companies are more profitable
They are. Most US "innovative competitive startups" are losing hundreds of millions, and often billions of dollars a year, for decades.
Europe (thankfully) doesn't want to do that. And "grossly underpaid software developers" enjoy a high quality of life on par with the rest of the population (universal healthcare, extended parental leave, vacations etc.)
- gumby 4y ago> Most US "innovative competitive startups" are losing hundreds of millions, and often billions of dollars a year, for decades. That isn’t actually true. A few certainly are, and they make great press fodder. But most don’t have that luxury. Actually it’s a burden: you suffer much more dilution.
- dmitriid 4y ago> That isn’t actually true. A few certainly are, and they make great press fodder The ones HN like to point at usually are. E.g. basically all of YCombinator companies. > But most don’t have that luxury. Thise that don't have the luxury are likely to have salaries more in line with European counterparts.