Re:Strapped startup declines acquihire, Apple poaches key en...
by redis_mlc on Sunday October 04, 2020 @06:33PM
(#24682792)
The reasons are:
1) The California employee rights, which allow an employee to resign and start a new company in the same area. Boston doesn't have an IT industry because of their onerous non-competes, even though DEC and Wang were located there.
2) European nations often have onerous pension requirements that must be met even before hiring a new employee.
3) Silicon Valley has willing investors.
4) Governments across the world prefer dealing with large entities because of the overhead in dealing with multiple companies, so without the right startup culture, new companies just won't happen.
1) The California employee rights, which allow an employee to resign and start a new company in the same area. Boston doesn't have an IT industry because of their onerous non-competes, even though DEC and Wang were located there.
2) European nations often have onerous pension requirements that must be met even before hiring a new employee.
3) Silicon Valley has willing investors.
4) Governments across the world prefer dealing with large entities because of the overhead in dealing with multiple companies, so without the right startup culture, new companies just won't happen.