Of course its still doable in Europe but if you are working in the silicon valley right now and have some money to create your start up , you better there than moving to Europe.
Because you can then more to Silicon Valley and take the best employees with you?
if bootstrapping, Europe. Taxes aren’t that different between Germany and California. Cost of living, access to talent is better, imho
If planning on raising, bay area. I have eng friends in the bay area that raised a pre seed round (powerpoint only) that was just half of what a cto in Berlin raised with 2 previous exists and a running business with 10 employees and paying customers.
investor risk profile is different and VCs have easy access to money. europe invests in businesses, bay area invests in the founders.
If your startup needs large amounts of venture capital (+50M) the United States is still the place to be.
But for smaller more niche startups Europe is
an excellent place to be.
– top talent at a cheaper rate.
– heavily subsidized funding opportunities
– excellent customer base for B2B products
– easy access to a large unified market
Shit wages and high taxes, who doesn’t love that.
Living in London paying 50% of my earnings in taxes for sub par social services in return all the while hearing how high earners should pay even more. Dream 💯
8 comments
Who doesn’t want to pay 40-45% of taxes?
Of course its still doable in Europe but if you are working in the silicon valley right now and have some money to create your start up , you better there than moving to Europe.
Because you can then more to Silicon Valley and take the best employees with you?
if bootstrapping, Europe. Taxes aren’t that different between Germany and California. Cost of living, access to talent is better, imho
If planning on raising, bay area. I have eng friends in the bay area that raised a pre seed round (powerpoint only) that was just half of what a cto in Berlin raised with 2 previous exists and a running business with 10 employees and paying customers.
investor risk profile is different and VCs have easy access to money. europe invests in businesses, bay area invests in the founders.
If your startup needs large amounts of venture capital (+50M) the United States is still the place to be.
But for smaller more niche startups Europe is
an excellent place to be.
– top talent at a cheaper rate.
– heavily subsidized funding opportunities
– excellent customer base for B2B products
– easy access to a large unified market
Shit wages and high taxes, who doesn’t love that.
Living in London paying 50% of my earnings in taxes for sub par social services in return all the while hearing how high earners should pay even more. Dream 💯
This is such bullshit lol