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That's...not accurate - you realize that, right? I mean - if we think tech startups in the last two decades only, then yes. But, both Japan and Germany have bot
by allengeorge 11y ago
That's...not accurate - you realize that, right? I mean - if we think tech startups in the last two decades only, then yes. But, both Japan and Germany have both fostered huge companies, both conglomerates and not, that belie your statement.
- kuschku 11y agoYes, but that weren’t startups. You know the company ALDI? They never took a single loan. Many German companies operate similarly, never taking large risks. But US startups are taking billions in VC money, and often instantly fail again.