A typical EU startup:
- hey, we are startup, we can't pay you much, is that OK?
- well, we can't really compensate you with stock options, those are for founders
- oh no, your opinion doesn't matter, bosses are always right
- yes, you'll work crazy hours but we can only pay you for 40
In other words, EU startups have no mechanism in place to reward early employees that build the company from the scratch, it's all about making co-founders famous/wealthy. It's already bad in the US, imagine EU is 10x worse.
- hey, we are startup, we can't pay you much, is that OK?
- well, we can't really compensate you with stock options, those are for founders
- oh no, your opinion doesn't matter, bosses are always right
- yes, you'll work crazy hours but we can only pay you for 40
In other words, EU startups have no mechanism in place to reward early employees that build the company from the scratch, it's all about making co-founders famous/wealthy. It's already bad in the US, imagine EU is 10x worse.