Re:Y Combinator’s European founder intake continues to grow
by adventured on Tuesday August 24, 2021 @05:09PM
(#28295043)
Just compare the median.
The median US software developer earns $110,000 (excluding any benefits).
The EU median is close to 1/3 that.
Re:Y Combinator’s European founder intake continues to grow
by ranguna on Wednesday August 25, 2021 @02:55AM
(#28298716)
Yep, doesn't make sense to make this comparison.
Specially since EU has a (mostly) functional social security system, which the US doesn't. It takes money to run that system and I'll happily take a pay cut to the gov if people in need are getting "my" money.
My grandfather pays 0€ in insulin, compared to the 100s$ in the US thanks to all the kids who don't want to share their money with people that actually need it to survive.
But now I'm comparing economic systems (more community driven vs full capitalist), and this discussion can go on forever, so I'll just end it here.
Seems fair to consider max salary in Europe when comparing with SV.
There should also be arbitrage opportunities for cities outside of SV in USA.