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The social system is fine to bootstrap for a year because you'll have 60% of your old salary, "free" healthcare and education, but once you have to raise millio
by seren 11y ago
The social system is fine to bootstrap for a year because you'll have 60% of your old salary, "free" healthcare and education, but once you have to raise millions to grow quickly, it won't help. To produce a Google or Facebook, you need a flawless execution, a right timing and a boatload of money.
- adventured 11y agoTo build a Google or Facebook, you of course also have to get the US market. So you have to accelerate to massive scale across Europe, and then conquer the US market before a US company conquers the US and spreads across Europe. It's clearly a far more difficult proposition for the European company. The only alternative I can think of that might work, is for European companies to start with targeting the US market first (a challenging concept in its own right - to target a foreign market first).