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by alecco 4 days ago
> 1. In order to build competitive models, you need to offer competitive salaries and equity.

FWIW, for the equity part there's a proposal expected to pass for next year: https://www.eu-inc.org/ (but it doesn't address taxes, cross-border employment, or anything significant so it's mostly moot). The main goal is to attract native VCs.

AFAIK it's designed by lawyers and old money, with little to no input from tech entrepreneurs.

2 comments

The culture's still all wrong. If you have a startup that failed in SV, that's par for the course. Better luck next time! If you fail in the EU, that's the kiss of death. Your startup failed???
> If you fail in the EU, that's the kiss of death. Your startup failed???

As a native German, I wouldn't say this is the case: the opinions of people rather differ quite a bit on this topic (there also exist quite a lot of people who are nearer to the US-American mentality here).

What I would rather claim is some kind of kiss of death, is if your startup failed because you made stupid mistakes. People don't like such unresponsible people (many people say that startup founders also have responsibility for their employees).

This sentiment is so wrong, yet so bloody persistent. I know plenty of european entrepreneurs, myself included, that went through one or more screw ups. All the ones that stuck with entrepreneurship eventually landed a hit.
It had input from entrepreneurs but was disregarded.