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by yardie 5810 days ago
Is it at all possible to change the title from Europe to Germany. Most of his complaints are German specific and don't apply to everywhere in Europe.

Bureaucracy: I've heard regularly bad things about the German bundes. I've heard good things about UK, Sweden, Romania, Hungary.

Labor: Whether you get it here or there the price of labor is only going up, but in China it's going up faster. Programmers are expensive. I'm expensive. If a better offer comes along that you can't match or even come close to I'll be out the door faster than the computer can shutdown. (Of course with my 2 weeks-1 month notice first). Don't expect anything less from the chinese. I don't know what you are working but have you ever hired anyone straight out of college? Experience costs money and mistakes costs money. Just make sure the latter costs less than the former.

Costs and Taxes: Depending on the European country you may not pay any taxes on revenue while in the startup phase (generally 2 years). After that it's country specific, the rules that apply in Germany don't apply in the UK.

Travel: Maybe as a German these things don't matter to you, but, as an American, I find Europe to be fascinating, so many different cultures, so much history, and its all packed in one half continent. When I speak to other french or english friends about SE Asia it's generally "which beach should I visit this week?". Little interest in the culture, history, or the language (I love ordering food in thai, but that's all the thai I know). I think a lot of people have a very romantic idea of what SE Asia is about but that's it. Plus it's huge region, you need a plane to do all that traveling and those flights aren't short.

It looks like you've traded one set of problems for another. I don't know what the startup will ultimately be about but I wish you luck. Also be careful, lots of people have startup ideas that fizzle out, can't get funding, or can't get any promotion because it's not from the right place. One thing I've learned about a company is that it's the people you know as well as the idea that make it a success. If you are doing it in China, then have a chinese focus because no one in San Francisco is going to care about it, until it's too big to ignore.

3 comments

While I agree with you for Labor and Costs and Taxes, I beg to differ about the travel part. With all due respect, the knowledge you and your "french or english friends" have about Asia is obviously limited, and equating them to the culture and history of many Asian countries is ridiculous. It is like saying "what does Europe offer other than museums?"
I don't think you read my comment correctly. The author was saying there were more interesting places to see in Asia than Europe, then proceeded to list the same asia-pacific beach circuit everyone else wants to go see. Maybe he really is interested in those countries, maybe he is only interested in those beaches. Most of my friends when they come back from SE Asia only talk about the beaches and how cheap everything is. It's hard to make a meaningful connection to a place on 1-2 weeks vacation.
I had the same thoughts on the travel. That part just seems like "somewhere else has better places to travel." I live in the western US, which has some of the most beautiful scenery in the world. Yet when I think about traveling, it is not around here.
I've heard good things about Ireland as well. I heard bad things about Hungary (nationalist thugs hunting down gipsies and foreigners). Never heard of the "German bundes" though.
I forgot about Ireland, but I've also heard good things about it. What I hear about nationalists are they are after gypsies, arabs, and africans mostly. But if you have money, they are more than happy to see you.

Sorry I'm not familiar with the German language but I believe "bundes" is what they call their ministries. I have a swiss friend who is an investor and he has plenty to say about the national bank (bundesbank) and the finance ministry.

I don't know why I would do business with nationalist thugs, just because they might not be chasing me this time. I don't think Hungary can have a very favorable business climate on that basis and looking at their economy seems to support that hunch.

"bundes" means something like "federal" I think, so "Bundesbank" would be "federal bank", the german Fed.