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"The third reason I hear is that the US market is bigger and therefore it’s easier to get traction. Yet there are 503 million Europeans living inside the EU vs.
by bsaul 11y ago
"The third reason I hear is that the US market is bigger and therefore it’s easier to get traction. Yet there are 503 million Europeans living inside the EU vs. 319 million US living in the US"
Stopped reading after this line. So to this guy, a market is a geographic definition. Well, we're not in the 19th century anymore. We're not defined by hills and roads and river access.
IT startups identify markets from culture and language first and foremost. And you obviously won't market a product the same way in germany, france, or greece. It's the biggest issue with euro so far: same currency, 25 different cultures.
- realusername 11y agoIt's indeed difficult to explain how diverse the countries are in Europe, you have the same kind of cultural differences that you have in the whole United States in just a single European country from one side to the other, it's pretty dense.
- bsaul 11y agoYes, yet i would hope that someone that tries to address the fundamental flaws in parts of Europe economy has at least a minimal knowledge of that fact. To make such a fundamental mistake in an analysis, one has to have never had even one single business relation with two different european countries.
- ThomPete 11y agoRead on from there, I am well aware of this but my point is a little different.
- ThomPete 11y agoYou should have continued reading cause I am actually addressing this :)