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European startup tech companies with valuations >= $1 Billion: * Klarna (Sweden)(online payments) * N26 (Germany) (mobile banking) * BlaBlaCar (France) (Ride

European startup tech companies with valuations >= $1 Billion: * Klarna (Sweden)(online payments) * N26 (Germany) (mobile banking) * BlaBlaCar (France) (Ride sharing) * Vinted (Lithuania) (ecommerce) * Acronis (Switzerland) (backup/recovery) * Glovo (Spain) (delivery) * Outsystems (Portugal) (enterprise app platform) * Bolt (Estonia) * Veeam Software (Switzerland)(acquired, I think) There are more. There's a trillion+ dollars in valuation in the European startup world, a deep and well-educated talent pool, and (in many countries) long experience in technology innovation. I think Europe's going to be just fine.

perl4ever 6y ago
An extremely disproportionate number of the smaller publicly traded companies in the world seem to be listed in or from Japan, the UK, or the US. I don't know why, or exactly what it means, but it's a really prominent feature of the global economy and shows that something is lacking in Europe outside the UK. I sometimes wonder if people are really unaware or just obstinately pretending.
ChuckNorris89 6y ago
Those companies are nice but their services are not available to all EU members whereas mist US tech companies operate in all states. Food for thought as to why EU companies can't grow.
- dathinab 6y ago
  Maybe because some of the more successful VC companies grow based on moralicly questionable practices and circumvention or outright breaking of laws and regulations. Practices with which you can get away much less in the EU. But this also means that US companies have a somewhat unfair competitive advantage on the global marked. Combine that with the US having the first wave of big tech companies due to other circumstances and some other thinks and is not really surprising. I mean look at FAANG: - Facebook, repeatedly and frequently acted in bad fate wrt. to privacy, non us social issues and copyright protection. Lied to monopoly watchdogs. - Amazon, know for taking advantage of workers (through had gotten better), know to not talk effective actions against massive counterfite good, know to use unfair competitive advantage for their own Amazon branded products, questionable privacy practices for user facing products like the fire ebook reader, knows to enable (not cause) environmental problem through mainly throwing away returned products, probably missed some points - Apple, well less to say here except how it hinders/prevents repair shops while not returning thinks themselves (just replaced parts). Also there where repeatedly bag reports about the workers condition in the factories whey Apple products where produced, but that probably applies to most tech hardware companiesway. Still the way they undermine the marked with vertical expansion is dangerous, but I don't know if it had already caused damages. - Netflix, I don't know much about them tbh. Seems fine but I might be wrong. - Google, repeated acts in bad face for user privacy. Had been good for the first half of their lives but now turned bad and might very well try to literally take over the internet (or what users price at it). - YouTube (now part of Google) grew partially because of disregard for copyright and then forcing copyright holder into compromises with it. - Uber, disregard for regulations for commercial public transport and labor law. Had been banned multiple times in some EU countries, now tend to operate under different terms in some EU countries then I'm the US. Had the same problems as the Taxi industry but sidesteps responsibility by putting it into the customer and drivers. - AirBnb disregard for (the EU version of) zoning regulations and similar. Caused damages by implecitly constraint available and affordable apartment space in some EU cities. If heard estimates that a non small amount of AirBnb apartment providers are acting illigaley with the way they provide apartments in the EU, sadly non where reliable estimates. But here is the thing both Apple and Google come from a time where a lot of things where just different. But now Google turned bad and Apple is increasingly becoming a latent danger for a fair marked. Meanwhile both Facebook and Amazon had been moralicly pretty bad from the start. Only Netflix seems fine but I don't know anything about it so, duh.
  - tomonocle 6y ago
    This article describes the scale of the operations behind some of the superhosts on Airbnb - almost unbelievable, but the market will provide I guess! https://www.wired.co.uk/article/airbnb-scam-london https://www.wired.co.uk/article/airbnb-scam-london

perl4ever 6y ago

An extremely disproportionate number of the smaller publicly traded companies in the world seem to be listed in or from Japan, the UK, or the US. I don't know why, or exactly what it means, but it's a really prominent feature of the global economy and shows that something is lacking in Europe outside the UK. I sometimes wonder if people are really unaware or just obstinately pretending.

ChuckNorris89 6y ago

Those companies are nice but their services are not available to all EU members whereas mist US tech companies operate in all states. Food for thought as to why EU companies can't grow.

dathinab 6y ago
Maybe because some of the more successful VC companies grow based on moralicly questionable practices and circumvention or outright breaking of laws and regulations. Practices with which you can get away much less in the EU. But this also means that US companies have a somewhat unfair competitive advantage on the global marked. Combine that with the US having the first wave of big tech companies due to other circumstances and some other thinks and is not really surprising. I mean look at FAANG: - Facebook, repeatedly and frequently acted in bad fate wrt. to privacy, non us social issues and copyright protection. Lied to monopoly watchdogs. - Amazon, know for taking advantage of workers (through had gotten better), know to not talk effective actions against massive counterfite good, know to use unfair competitive advantage for their own Amazon branded products, questionable privacy practices for user facing products like the fire ebook reader, knows to enable (not cause) environmental problem through mainly throwing away returned products, probably missed some points - Apple, well less to say here except how it hinders/prevents repair shops while not returning thinks themselves (just replaced parts). Also there where repeatedly bag reports about the workers condition in the factories whey Apple products where produced, but that probably applies to most tech hardware companiesway. Still the way they undermine the marked with vertical expansion is dangerous, but I don't know if it had already caused damages. - Netflix, I don't know much about them tbh. Seems fine but I might be wrong. - Google, repeated acts in bad face for user privacy. Had been good for the first half of their lives but now turned bad and might very well try to literally take over the internet (or what users price at it). - YouTube (now part of Google) grew partially because of disregard for copyright and then forcing copyright holder into compromises with it. - Uber, disregard for regulations for commercial public transport and labor law. Had been banned multiple times in some EU countries, now tend to operate under different terms in some EU countries then I'm the US. Had the same problems as the Taxi industry but sidesteps responsibility by putting it into the customer and drivers. - AirBnb disregard for (the EU version of) zoning regulations and similar. Caused damages by implecitly constraint available and affordable apartment space in some EU cities. If heard estimates that a non small amount of AirBnb apartment providers are acting illigaley with the way they provide apartments in the EU, sadly non where reliable estimates. But here is the thing both Apple and Google come from a time where a lot of things where just different. But now Google turned bad and Apple is increasingly becoming a latent danger for a fair marked. Meanwhile both Facebook and Amazon had been moralicly pretty bad from the start. Only Netflix seems fine but I don't know anything about it so, duh.
- tomonocle 6y ago
  This article describes the scale of the operations behind some of the superhosts on Airbnb - almost unbelievable, but the market will provide I guess! https://www.wired.co.uk/article/airbnb-scam-london https://www.wired.co.uk/article/airbnb-scam-london