468 Capital raises $400M to back European startups

Re:468 Capital raises $400M to back European startups by throwawayarnty on Tuesday February 01, 2022 @06:54AM (#30161369)

I think the main factor is how many kids you have.

No kids: USA > Europe

1 kid: they are similar

2 kids or more: Europe > USA

In the USA each kid is an extra 3000 usd a month expense at least, more if one goes private and include university tuition.

How parents can pay for two or more kids’s education in USA (or UK) is beyond me.

With two or more kids in USA you essential force your children into wage slavery by going into huge amounts of college debt.

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Re:468 Capital raises $400M to back European startups by lostmsu on Tuesday February 01, 2022 @09:17AM (#30162674)

Where did you get that 3k USD a month expense per kid from?

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Re:468 Capital raises $400M to back European startups by throwawayarnty on Tuesday February 01, 2022 @09:27AM (#30162811)

Day care for infants and toddlers.

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Re:468 Capital raises $400M to back European startups by lostmsu on Tuesday February 01, 2022 @10:07AM (#30163430)

You said "extra". Where in EU daycare is free for 9 month olds ($2200 in your link)?

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Re:468 Capital raises $400M to back European startups by throwawayarnty on Tuesday February 01, 2022 @10:49AM (#30164070)

It’s about 150 eur/month in some places in Europe (all inclusive)

So the difference is conservatively 2000 extra per month per child.

The point is this scales linearly so two kids is 4000, three is 6000.

The amount of child expenses in Europe goes up hundreds per month. In USA it goes up by thousands a month. That’s an order of magnitude difference.

More kids, the better Europe becomes compared to USA.

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