4 ms·

> In France, apparently you can go on unemployment for 2, up to 3 years to start a startup. With up to 80% pay. Then why does France have such a low rate of ne

> In France, apparently you can go on unemployment for 2, up to 3 years to start a startup. With up to 80% pay. Then why does France have such a low rate of new business formation (5.3/1000 people) - https://data.worldbank.org/indicator/IC.BUS.NDNS.ZS?most_recent_value_desc=false https://data.worldbank.org/indicator/IC.BUS.NDNS.ZS?most_rec... Or as another indicator, number of tech startups per Million is 234 for the US, while only 24 for France - https://www.startupranking.com/countries https://www.startupranking.com/countries

ouiouiaway2 3y ago
[flagged]
- hef19898 3y ago
  Isn't the currently richest person on earth French?
- RestlessMind 3y ago
  > Because the French couldn't give a fuck about making money. citation needed. I have met a lot of French people and they just seem normal human beings like any other nation. So I disagree with you.
  - ouiouiaway2 3y ago
    Talk to those in the countryside, not Île-de-France. Real French; not the over-socialized urbanites or the spiritually-deadened "cosmopolitans."
    - RestlessMind 3y ago
      I am convinced that you are a troll if you think people living in Ile-de-France are not real French.
      - ouiouiaway2 3y ago
        And I'm convinced you are without a sense of independent thought, if you really believe a bunch of bobos are French.
      - esyir 3y ago
        Green name, and an absolute stereotype of a name at that. I think this bugger is grade AAA troll.
- ramesh31 3y ago
  >Because the French couldn't give a fuck about making money. lol. There's about a dozen African countries who would like a word with you.
zer0tonin 3y ago
3 things: - the culture is not the same as the US. French people tend to be very financially risk-averse - the VC eco-system in France exists but it is trash - people who have the skills to create startups in France tend to do it outside of France because they will have access to better capital/labor markets (for example, DataDog and Docker both have french founders)
- nickpp 3y ago
  Also, how easy is it to fire people in France? If it’s difficult then startups will be much more reluctant to hire in the first place, and founders to embark on the whole startup adventure which necessarily implies a lot of hiring/firing.
  - zer0tonin 3y ago
    Quite hard, but other countries with similar labor laws (like the Netherlands) manage to have decent startup ecosystems.
- prottog 3y ago
  > the culture is not the same as the US. French people tend to be very financially risk-averse Interesting, given the number of people who claim that better social benefits in the US would encourage more startups and other business formation.
  - ant6n 3y ago
    There is no such claim. Id claim that a system that helps all of of society by providing health, employment, income, childcare, housing and transportation security isn’t necessarily completely toxic for a small number of Startup founders, as a system. Since it also may help founders to an extent. Its about individual risks that are possible. The problem in Germany and France is the VC and business culture, but thats not primarily a result of income taxes.
- 908B64B197 3y ago
  > - people who have the skills to create startups in France tend to do it outside of France because they will have access to better capital/labor markets There are a lot of French people here in the bay area. From what they told me, it's actually easier to come to the bay area, navigate through the US immigration system and get funded than get funded at home. Not only that, some startups got funding from VC funds with LPs... from France!
adave 3y ago
Because tech talent is cheap for the amount of productivity in US with ability to fire at will.Ease of fooling and swindling people if you have the right connections. In Europe shit that gets you into jail is a just a small monetary fine in USA.
- unmole 3y ago
  > In Europe shit that gets you into jail How many people went to jail for Wirecard?
j0hnyl 3y ago
Because in France, in order to hire someone you need to have a shit ton of cash on hand... and then if they suck, you can't just fire them. It's too expensive to start a venture, so the folks that are willing to risk it leave in order to do so.

ouiouiaway2 3y ago

[flagged]

hef19898 3y ago
Isn't the currently richest person on earth French?
RestlessMind 3y ago
> Because the French couldn't give a fuck about making money. citation needed. I have met a lot of French people and they just seem normal human beings like any other nation. So I disagree with you.
- ouiouiaway2 3y ago
  Talk to those in the countryside, not Île-de-France. Real French; not the over-socialized urbanites or the spiritually-deadened "cosmopolitans."
  - RestlessMind 3y ago
    I am convinced that you are a troll if you think people living in Ile-de-France are not real French.
    - ouiouiaway2 3y ago
      And I'm convinced you are without a sense of independent thought, if you really believe a bunch of bobos are French.
    - esyir 3y ago
      Green name, and an absolute stereotype of a name at that. I think this bugger is grade AAA troll.
ramesh31 3y ago
>Because the French couldn't give a fuck about making money. lol. There's about a dozen African countries who would like a word with you.

zer0tonin 3y ago

3 things: - the culture is not the same as the US. French people tend to be very financially risk-averse - the VC eco-system in France exists but it is trash - people who have the skills to create startups in France tend to do it outside of France because they will have access to better capital/labor markets (for example, DataDog and Docker both have french founders)

nickpp 3y ago
Also, how easy is it to fire people in France? If it’s difficult then startups will be much more reluctant to hire in the first place, and founders to embark on the whole startup adventure which necessarily implies a lot of hiring/firing.
- zer0tonin 3y ago
  Quite hard, but other countries with similar labor laws (like the Netherlands) manage to have decent startup ecosystems.
prottog 3y ago
> the culture is not the same as the US. French people tend to be very financially risk-averse Interesting, given the number of people who claim that better social benefits in the US would encourage more startups and other business formation.
- ant6n 3y ago
  There is no such claim. Id claim that a system that helps all of of society by providing health, employment, income, childcare, housing and transportation security isn’t necessarily completely toxic for a small number of Startup founders, as a system. Since it also may help founders to an extent. Its about individual risks that are possible. The problem in Germany and France is the VC and business culture, but thats not primarily a result of income taxes.
908B64B197 3y ago
> - people who have the skills to create startups in France tend to do it outside of France because they will have access to better capital/labor markets There are a lot of French people here in the bay area. From what they told me, it's actually easier to come to the bay area, navigate through the US immigration system and get funded than get funded at home. Not only that, some startups got funding from VC funds with LPs... from France!

adave 3y ago

Because tech talent is cheap for the amount of productivity in US with ability to fire at will.Ease of fooling and swindling people if you have the right connections. In Europe shit that gets you into jail is a just a small monetary fine in USA.

unmole 3y ago
> In Europe shit that gets you into jail How many people went to jail for Wirecard?

j0hnyl 3y ago

Because in France, in order to hire someone you need to have a shit ton of cash on hand... and then if they suck, you can't just fire them. It's too expensive to start a venture, so the folks that are willing to risk it leave in order to do so.