Remote work will break the US monopoly on global talent

Re:Remote work will break the US monopoly on global talent by 5revive on Tuesday November 09, 2021 @07:48PM (#29169683)

Canadian Company: Our upper bound is 90k American, you get no equity, you have to work Eastern Time Zone US Company: Our mid bound is 200k American, you get equity, you have to be available +/- 4 hours from the time zone of your core team for 3 days a week.

Its not even close. And if we are talking about raising money - just lol. Canadian VCs treat their investment like they are buying into a 200 year old insurance company for a check in the 50k range.

Turning around a company / industry culture away from a 1950s factory model is very hard, and its even hard for companies who allegedly want to compete against SV firms.

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Re:Remote work will break the US monopoly on global talent by cmrdporcupine on Tuesday November 09, 2021 @08:14PM (#29169950)

100% true. If this WFH Remote trend continues the software industry in Canada is going to get a rude awakening. I know many people walking away from jobs here to go work remote for US companies for a lot more pay.

Only way to do really well in Canada is to work for a FAANG with HQ here, as they tend to bring a bit of their comp structure with them. Or consult. But even at the FAANG I work for there's been people leaving to go remote for same or more pay.

From my experience with the startup world in Toronto (over 10 years ago, so), the whole Canadian VC industry & startup world was nepotistic. All went to private school together, and role playing a part.

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Re:Remote work will break the US monopoly on global talent by 5revive on Tuesday November 09, 2021 @10:16PM (#29170666)

Yea pretty much, Canadian VC is just an employment scheme for failkids + some guy who cashed out 20 years ago on yahoo or whatever to coast around.

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