4 ms·
Without massive, cheap investment money combined with massive simple integrated market, one cannot replicate conditions of Silicon Valley :/ EU might have more
by p_l 6y ago
Without massive, cheap investment money combined with massive simple integrated market, one cannot replicate conditions of Silicon Valley :/
EU might have more population, but USA has population that speaks single language and largely zero trade barriers for typical SV product.
- solveit 6y agoWhile your argument is hard to prove wrong because the US ranks third in population as a single nation, I am skeptical that there is somehow a market population threshold that allows Silicon Valley in a country of 3X10^9 but not, say, 1.2X10^9 (Japan).
- divtiwari 6y agoIt should be 10^8 :)
- bobthepanda 6y agoThe argument there is that America has sufficiently exported enough culture via traditional means that using American products is not that strange. Japan has a lot of cultural exporting, but certainly has its differences. And is not exactly known for being internet-forward. Korea is internet forward but is similarly culturally niche; kpop stans are pretty much in their own bubble, one that’s big enough to cause havoc in international music charts but still a bubble. And China’s Internet is double different because of the insulation of the Great Firewall. Of course, how much stock one actually should put into this is up to the reader.
- barry-cotter 6y agoIsrael seems to do pretty well, by which I mean Tel Aviv. They always go US or global first for obvious reasons but there’s no a priori reason Europe couldn’t have a genuine startup hub.