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>These are of course mostly older companies and not part of the Unicorn category, but at the end of the day that’s just semantics. No, it's not just semantics.
by lumberjack 11y ago
>These are of course mostly older companies and not part of the Unicorn category, but at the end of the day that’s just semantics.
No, it's not just semantics. Look at the history of Siemens or any other of these old European companies. There's one aspect that is present all their history and that's government involvement. One could even say that their first venture capitalist that gave them a chance was the government. They all pretty much started out by getting contracts for building infrastructure or military hardware.
- ThomPete 11y agoYou bring on a good point, but thats not what I meant with that so sorry if that was imprecise. My point is that in the historical context most large companies made it big with or without government help both in the EU and in the US. So whats changed and thats what I am trying to explore and one of my conclusions is that it might have to do with how Europe is implementing laws. Keep in mind that the EU still have many government supported companies so if thats all it takes then there might be more. But it's a complex issue which is why I wrote it because I was hoping for discussion like these and points like yours to surface. So thanks.