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Puts | 8 months ago

You hear this over and over again that Europe is over-regulated and this is why tech-companies don't succeed here. I would say this is utter bullshit. If you look at the acquisitions made by the tech-giants it just that anything that is going to be successful is instantly bought up by these companies.

People probably don't know how little Google for example builds in-house with everything from Analytics to Gmail being of European origin.

https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...

discuss

marginalia_nu|8 months ago

I don't think that's a compelling argument.

If Europe had a healthier corporate culture, European startups wouldn't keep being hoovered up by American tech giants. Selling like that is a vote of no confidence against the European ecosystem.

disgruntledphd2|8 months ago

> If Europe had a healthier corporate culture, European startups wouldn't keep being hoovered up by American tech giants. Selling like that is a vote of no confidence against the European ecosystem.

It's not the culture, it's the lack of capital markets. Each EU country has it's own market and none of them can compete with the US markets.

The really depressing part of this is that a large part of the capital funding these companies is European savers/organisations and governments.

If you need to pay 10% of your company to get your next round (EU) versus less than 5% (US) (numbers totally made up) then clearly you'll go for the US money and the US markets, which compounds the problem.