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In my two previous installments, I talked about the changing dynamics in many tech-centric cities. Today, especially in tech hubs like Silicon Valley, Los Angeles, New York, or Seattle, none of these facts hold. Real estate costs in tech hubs have skyrocketed. In terms of technical expertise.
…suddenly, nearly all technical jobs are remote-jobs, all dev-teams are distributed teams, and virtually all hiring is remote hiring. Cost savings companies experience when they eliminate expensive office rents and the payroll costs associated with the salaries required for people to live in major metro areas.
It took me some time to figure out a title and I eventually settled for “Building European Champions” as the region has proven its ability to generate very successful venture outcomes and will continue to be the birthplace of many successful technology companies. Why Eastern Europe?
The entertainment concept remains evergreen due to creativity and innovations that surrounds it. Completely amazed by the indoor family amusement concepts like Dave & Busters and Chuck E Cheese, Akos decided that he wanted to establish a similar family entertainment concept in his homeland of Hungary.
The Rubik’s Cube is a run-away success straight from the unlikely homeland of Communist Hungary. Japan – technical juggernaut and one of the most powerful economies around the globe – chose a video game hero to represent their culture on the global stage. Rubik’s Cube (1980). Image courtesy of Ryan Roberts.
Many firms are drawn to the region for its combination of technical expertise and cost-effectiveness. Technical Expertise and Educational Foundation Eastern Europe boasts a highly skilled workforce with strong technical expertise and a strong educational foundation.
As IT talent becomes scares in many technology hubs like London, New York, Silicon Valley, Singapore, Sydney, Berlin and many other big cities, the employers are left with no other option than looking for talent elsewhere in the world. Via Transformify Recruitment CRM, the employers can source top talent regardless of the location. .’’
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