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They lack money because European capital is risk averse.
by varjag 5y ago
They lack money because European capital is risk averse.
- KingMachiavelli 5y agoThey could even have a similar risk tolerance but Europe just has more risks. If any one of the big US startups was based in the EU they would have been regulated a long time ago.
- varjag 5y agoSome perhaps (Uber? even that is debatable) but any one is really a stretch. Most of them would be entirely fine in Europe, just that it's not happening.