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Joined 2 years ago
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Cake day: June 12th, 2023

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  • Opinionated piece with no substance or analysis, author already has some answer in mind and is trying to spin everything around to support it.

    Just to illustrate:

    That’s why Zuckerberg bought Instagram: he had been turning the screws on Facebook users, and when Instagram came along, millions of those users decided that they hated Zuck more than they loved their friends and so they swallowed the switching costs and defected to Instagram. In an ill-advised middle-of-the-night memo to his CFO, Zuck defended spending $1b on Instagram on the grounds that it would recapture those Facebook escapees:

    https://www.theverge.com/2020/7/29/21345723/facebook-instagram-documents-emails-mark-zuckerberg-kevin-systrom-hearing

    In this very link, in court-released emails Zuck states they’re buying Instagram because they have good growth and Facebook mobile usability is shit. It’s just 2 different types of social networks, back in 2012 you couldn’t even DM on Instagram, it wasn’t a replacement for Facebook by any means and vice versa. Zuck was just not happy that people spend their phone screen time outside of his reach.




  • 35 to 40k (if your spouse is choosing tax class with a higher rate) after taxes or around so, depends on many factors - German tax code is complicated.

    Is it enough to live on

    Generally - barely above “paycheck to paycheck” level, but highly depends on location. In Munich you’ll be fucked with this type of salary.

    or buy a home

    lmao no. Houses are mainly for older and retired people or rich, vast majority of active workforce are apartment renters, more fortunate ones were able to save/get help from relatives for mortgage. Total home ownership rate in Germany is 46.7%, lowest of all OECD countries - and that’s including older people who got their homes during better economic times. Neat trick about Germany is that you have to have both stable job at big company and a lot of cash on your hands to cop a mortgage, since 20% downpayment + taxes/fees and other bullshit that run at around 10% of the total price make good barrier.

    buy a home and support a family

    Not really, adults in the household have to work, 60k is not ‘breadwinner’ type of salary at all. In general, tech workers aren’t special in Germany, if not for US companies branches they’d be earning the same as everyone else and in many industries (like transportation), where pressure from international market is not present that much, they still do.

    It was good while it lasted, but Germany is heading into some pretty interesting times in general, younger population is absolutely fucked.