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He's saying that the various EU governments has stifled startups by offering "subsidies" (that operate more like loans) only to demand repayment for them at rat
by Dracophoenix 5y ago
He's saying that the various EU governments has stifled startups by offering "subsidies" (that operate more like loans) only to demand repayment for them at rate much faster than these startups are capable of building value/marketability/profit, resulting in many of them being DOA or remain limited in size until they are swallowed up by a bigger company.