4 ms·

> Meanwhile, the EU slides farther and farther into irrelevancy when it comes to being anything other than consumers of tech. All the EU seems capable of doing

by gspr 5y ago

> Meanwhile, the EU slides farther and farther into irrelevancy when it comes to being anything other than consumers of tech. All the EU seems capable of doing is creating additional bureaucracy while hamstringing Europeans trying to actually realize Europe's potential in the field. What are you talking about?

dghlsakjg 5y ago
Not the person you are addressing, but I believe he is referring to the somewhat common belief (in North America) that it is foolish to try to start a tech company in Europe due to the regulatory and business environment. The results bear this out, there just aren’t many European tech companies that reach global relevancy.
- simion314 5y ago
  Many of the relevant startups get bought by US giants (you know that protein folding results, that Google division was bought from UK), but US guys still are proud because a US bag of money was involved in the results. The reality is that US has a ton of money, they burn in in possible unicorns but also in buying talent and companies from EU, I don't want to speculate why US has so much money in tech sector.
4wsn 5y ago
https://www.politico.eu/article/pr-problem-high-flying-startups-not-brussels-priority/ https://www.politico.eu/article/pr-problem-high-flying-start... Relevant bits to this particular point. > For investors, the European market is less overheated and so more attractive to participate in than the U.S. market and less "tough" than China, Russia or Brazil. But that's not thanks to the EU. Systemic problems, like a lack of harmonization across the Continent, mean EU startups have to spend a lot of energy on learning and complying with varying rules, like hiring non-EU recruits or rewarding employees with stock options … Patrick Collison, of fintech giant Stripe, advocates for a "more streamlined common market, fewer impractical and ineffective regulations, better legal treatment of stock options and easier access to visas for highly skilled individuals." … "The startup community has been saying the same things for over 10 years," said Simon Schaefer, president of Startup Portugal. "We always said: this is alert signal code red. If we don't harmonize Europe, we'll never be able to catch up with the U.S. and China."
- simion314 5y ago
  I am assuming that a different branch is working on VISA and taxes, but do you realize that is not easy to get every EU country to be on the same page on VISA and taxes, some will say that this would be a cause for a new "Brexit" But does EU needs to make it easy for giants like Google,Apple,Facebook, Tik Tok to appear? Are you sure that the barriers those startups complain are not actually a local issue?

by gspr 5y ago

dghlsakjg 5y ago

Not the person you are addressing, but I believe he is referring to the somewhat common belief (in North America) that it is foolish to try to start a tech company in Europe due to the regulatory and business environment. The results bear this out, there just aren’t many European tech companies that reach global relevancy.

simion314 5y ago
Many of the relevant startups get bought by US giants (you know that protein folding results, that Google division was bought from UK), but US guys still are proud because a US bag of money was involved in the results. The reality is that US has a ton of money, they burn in in possible unicorns but also in buying talent and companies from EU, I don't want to speculate why US has so much money in tech sector.

4wsn 5y ago

https://www.politico.eu/article/pr-problem-high-flying-startups-not-brussels-priority/ https://www.politico.eu/article/pr-problem-high-flying-start... Relevant bits to this particular point. > For investors, the European market is less overheated and so more attractive to participate in than the U.S. market and less "tough" than China, Russia or Brazil. But that's not thanks to the EU. Systemic problems, like a lack of harmonization across the Continent, mean EU startups have to spend a lot of energy on learning and complying with varying rules, like hiring non-EU recruits or rewarding employees with stock options … Patrick Collison, of fintech giant Stripe, advocates for a "more streamlined common market, fewer impractical and ineffective regulations, better legal treatment of stock options and easier access to visas for highly skilled individuals." … "The startup community has been saying the same things for over 10 years," said Simon Schaefer, president of Startup Portugal. "We always said: this is alert signal code red. If we don't harmonize Europe, we'll never be able to catch up with the U.S. and China."

simion314 5y ago
I am assuming that a different branch is working on VISA and taxes, but do you realize that is not easy to get every EU country to be on the same page on VISA and taxes, some will say that this would be a cause for a new "Brexit" But does EU needs to make it easy for giants like Google,Apple,Facebook, Tik Tok to appear? Are you sure that the barriers those startups complain are not actually a local issue?