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wskinner | 1 year ago

There is a big difference between Europeans in Europe and Europeans in the US - Europeans in the US readily point this out. The idea that Europeans are somehow genetically less suited to building tech companies is an obvious strawman. The reality is that Europeans in America are, like all immigrants, heavily self-selected.

The article also does not mention the huge difference in compensation for technology talent between the US and Europe. As long as that gap exists, top European talent will continue leaking across the Atlantic.

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next_xibalba|1 year ago

> the huge difference in compensation for technology talent

This isn't a single lever that can be pulled independently. You need highly fluid labor markets that force companies to pay competitive efficiency wages (i.e. fewer/weaker/no unions), competitive and innovative companies, lower regulation and government bureaucratic interference, ambitious and career focused labor force, etc. etc.

It's a chicken-and-egg problem that, at its root, stems from culture (IMHO).

alephnerd|1 year ago

> the huge difference in compensation for technology talent between the US and Europe

Poles and Czechs get paid relative peanuts compared to West Europeans, yet have fairly startup industries compared to France or Germany.

Same with further afield in India or China.