Hey, YC, I've got a great idea for a startup in the incredibly hot cert/encryption space. The team is world class and in place. The product is shipping and customers are doubling every 6 months. $8 million at $40 million please.
Y'all idolize the bloodsuckers in Teslas that run this site, and give Josh and team grief. Jeez.
It's much harder if you want to be remote, and very hard if you want to live in a country where no company pays SV salaries.
A different company was in a different country than Omaha and the naive cost of living was higher, but the cost of living, after adjusting for taxes, was actually very similar.
I hope that gives enough information. I really enjoy living in high cost of living areas so that's where I ended up, but I did have the choice to live somewhere cheaper.
I propose that not so good techies may get more in SV but paid averagely elsewhere?
If you understand great to mean merely competent, then I think you're abusing the meaning of "great".
If it helps you unbunch your undies on this topic, consider that "great" in the original meaning was something like "world class". There's no shame in not being one of the top people in the world.
However, I don't know your job but 29k€ seems a bit at the lower end of the scale to me, at least for IT. Have you looked at websites like glassdoor.fr what's the mean salary for your position? From what I know the first years are highly dependent on your diploma, but after a few years it shouldn't be effective anymore.
Edit: and as @chrischen says, IT engineers are not much valued in France. I'm pretty sure you've heard about the expression "pisseur de code" (literally, someone who pees code). I'm also pretty sure you've met "entrepreneurs" who had a "great idea" and who "only need" an intern to implement it --but surely they got the idea, the IT guy is just an operating man so he shouldn't get credit, even though is idea is 100% about IT services (and, probably, shitty).
Ask your employer first how much it costs to pay you that. It's probably much more than you think. The LE people get paid <=3x as much as you and that's easily justified with SV salaries in general and their expertise.
Why?
> They are in Silicon Valley and have to compete with everyone else in Silicon Valley
Why? Why compete for talent in Silicon Valley when there are people all over the country who'd love to work on something like this? I can get why they might prefer not to do remote teams (it's a challenge), but there are cities like Seattle, Boston, Denver, Dallas, Kansas City, Houston — all of which have folks quite capable of building this.
In fact, for some folks not being located in SV is a huge plus!