Look at where we are communicating here. On a US website built by a single person.
It's not, but it's the basis of ad-driven, surveillance-ware, and user engagement optimized companies that drive the ludicrously high profits and wages in the US tech sector.
Do you see US tech workers lining up to work for Canonical? Yeah, I thought so too.
Hiring in tech is broken regardless, so most candidates optimize for compensation as that way at least the end result justifies the effort of going through those several stages of various hazing rituals each company has lined up.
And like the Canonical employee said in that thread, they receive 80% quality applications despite all of those shitty hoops Canonical makes you jump through even before they talk to you. So yeah, there seems to be no shortage of devs regardless of how bad a company's hiring practices are, as long as they're an established name and/or pay great.
That's not the case for the EU. Money gets reasonable returns in energy sector, industry, any investment in Eastern Europe, tourism, PPP infrastructure projects, etc.
You are literally describing the opposite of the truth.
Nothing, not even the Londongrad bubble, is as excessive as the US housing crisis.
In any case at least YC does invest into European companies [1] - the key thing is you have to get far enough to have a meaningful product that VC funds can invest in, and unlike the US we don't have a lot of billionaire former founders who go around throwing a couple thousand dollars left and right for promising ideas they hear in an elevator.
Not "miss out" per se, rather a "prioritize companies in close proximity". There's a reason why a lot of the former startup turned unicorns are all concentrated around the Silicon Valley.
Bollocks. The key difference between here and the US is the simple fact that we don't have enormous amounts of "dumb money" from pension and hedge funds screaming to be invested into anything that remotely smells like it could be worth money one time - remember Yo! which got 1M funding?! - and then founders making big money at IPO time, which many of them then choose to invest into new startups.
That means that you have to either rely on philantropic investors, family or borrow money from banks at ridiculous interest rates (and often requiring deposit of a car/house or other expensive assets to back the loan).
Navigating GDPR and the laws here is easy - one might say, life is even easier here than in the US for startups because you don't have to fear getting kicked in the nuts over bogus patent and other IP claims or absurd multi-million dollars civil damages lawsuits.