Seed-stage company, brings on let's say a CTO with some typical equity package. Can this be structured with a SAFE?If not, are there similar simple/semi-standard forms for the paperwork?If so, would the investor's "payment" info be replaced with a nominal amount ($1) or with a reference to their position at the company?
What I very often see in Europe isn't a marketplace of employers saying "We will pay X" and then finding a developer who will work for that. Rather, it often is a company desperate to hire a talented engineer, but when quoted a totally-not-outrageous-by-US-standards salary, respond with "Oh, we'd never pay that".
I suppose in some cases the employer literally couldn't pay that, but to me it seems more like there's some kind of cultural block, like "engineers make this amount and that's all there is to it".
Managers/executives don't seem to have any such restriction, again based on what I've been privy to, so I don't think that it's (completely) a case of just "salaries are lower here"
As a developer, I've found that it's just not worth it to respond to tech companies / recruiters seeking engineers, unless they're based in the USA. Companies based anywhere else, in my experience, expect to pay less than half the rate that US companies will pay.Why is this? There are possible causes having to do with tax rates and culture, but has anyone really looked into it? How big a...
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