It was fun (and I like having a second passport now that I'm naturalised) but the opportunity cost was easily $2 million+ and my career is forever stunted. It also is a one-way move. Once you're gone too long you'll never be able to compete with your peers for housing in the bay.
I moved in 2020 and it has been the best decision I could have made. Taking into account everything (savings rate, safety, working hours, job security, politics, closeness to my home country in Europe) it is the best place I could be by far.
All other places trade off too much in exchange of something else. For example, I would have better savings rate in California (maybe 60-100k instead of 30-50k a year), but it would be worse in every other metric, except perhaps weather, although I dislike hot weather.
Sure, it's a fun adventure, but maybe just for 6 moths to a year.
It may not be for everybody (nothing is), but it is for some.
In 2013 I had a flat across from Dublin castle for €800 a month and the craic was, indeed, mighty.
I left and don’t regret it one bit. Different strokes for different folks.
You mentioned not to do it in SF! This thread is kinda of connected - do you mind elaborating on why not to setup your LLC in SF?
> Traffic is fucked. Government is excessively bossy. SF planning department is corrupt and pathological.
Traffic is horrible everywhere, unless it's a few European cities with great public transport. But their governments make CA govt look tame by comparison.
> SF planning department is corrupt and pathological.
Couldn't agree more. Though it is easy to avoid SF and stay in the nicer parts of SFBA.
I say this as an Irish citizen. I've done the math dozen of times.
That doesn't really pass the sniff test without some supporting data, given the work culture norms and labor laws that I'm familiar with. Just quickly searching for one example, full time employees in Ireland get 4 weeks of vacation a year, and in the US you'll be lucky to take 2-3 weeks a year, and not legally mandated either. Depending on the state, you may not even be entitled to sick days.
Yeah, no.
Google is 3 weeks/year, and has been that way for as far as I have known it.
KLA+ (formerly, KLA-Tencor) has several (IIRC, 3) weeks of sick days and vacation COMBINED, so if you get sick, no vacation for you.
Those are representative examples.
Which is how it effectively works, except usually managers are less direct.
Just looked it up and the number of days increases with seniority at Google.
KLA, ASML, TSMC are companies that are huge globally in their fields.
The field being semiconductor design and fabrication.
Whatever device you're reading this on almost certainly has components made with machinery by one (or all) of those.
However, I too have never heard of KLA. Somehow it never gets mentioned alongside those other companies. Maybe it's similar to how everyone knows about Microsoft and Apple, and even my mother knows what Linux is, but almost no one has heard of Green Hills Software?
KLA makes wafer inspection and process control equipment and has very little (if any) competition in what they do. They're big.
As in, they have 10B revenue and 15,000 employees.
That's roughly 1/3 of what ASML is (ASML has 30B revenue and 45K employees).
It's more like your grandma knowing about Nintendo, but not Valve.
Not true. Google starts at 3 weeks/year but that increases quickly after a few years. I was getting 5 weeks/year when I left.