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> And that, IMNSHO as someone who has founded tech businesses here, is entirely fair criticism. The environment created by all those regulations is insanely hos
by ajsnigrutin 5y ago
> And that, IMNSHO as someone who has founded tech businesses here, is entirely fair criticism. The environment created by all those regulations is insanely hostile to tech entrepreneurship, and it's not as if many of those regulations are well considered or effective at protecting vulnerable groups anyway.
yup.
Many different rules in eu countries, fscked up tax rules for companies trading with foreing customers, high taxes for relatively well paid tech workers, and high cost of entry into the business is killing european businesses.
Even starting a business is hard... I hear a lot of people from USA who (eg.) find a old t-shirt printing press in a yard sale, and start their own t-shirt printing business, fill out some forms, sell 7 tshirts in two years, mostly to family, and then stop doing it. Just being able to letally sell a t-shirt in many eu states will cost you thousands and thousands of euros, where it's just not worth it to start. Wanna make an app by yourself and host the backend on a $5 digitalocean VM? Sure... but do it for free. Want to earn something? If you have just a few dollars of income, it's not worth it... you need a lot of users paying you a lot of money to pay the government fees, even if you work for free.