Re:Lisbon’s startup scene rises as Portugal gears up
by onion2k on Friday February 26, 2021 @03:57AM
(#26272732)
True... but cost of living is considerably lower.
While companies continue to base offers they make on your current salary (if you're silly enough to disclose it), accepting a lower salary on the basis of a lower cost of living is going to lower all your future salaries.
While in the US, I see seed rounds of 0.5-1.5 Millions, the last 2 seed deals I've seen in Lisbon were of mere 50K€
Seed rounds don't exist in the US any more. The first raise is effectively a Series A, because startups are expected to bootstrap to revenue now.
While companies continue to base offers they make on your current salary (if you're silly enough to disclose it), accepting a lower salary on the basis of a lower cost of living is going to lower all your future salaries.
While in the US, I see seed rounds of 0.5-1.5 Millions, the last 2 seed deals I've seen in Lisbon were of mere 50K€
Seed rounds don't exist in the US any more. The first raise is effectively a Series A, because startups are expected to bootstrap to revenue now.