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Well that’s basically is my point. The thesis I was responding to was that tech unicorns don’t exist in Europe due to taxes and regulations. If we are to take
by wbsss4412 4y ago
Well that’s basically is my point. The thesis I was responding to was that tech unicorns don’t exist in Europe due to taxes and regulations.
If we are to take the content of your post at face value, that thesis is wrong. It was due to sand hill road being where sand hill road is. That may have something to do with taxes and regulations to a degree, but that isn’t a sufficient explanation.
- fsckboy 4y agotaxes and regulations could be a sufficient explanation for why unicorns are birthed in the US. and within the US, "why SV?" might simply have another orthogonal explanation.
- tsimionescu 4y ago> taxes and regulations could be a sufficient explanation for why unicorns are birthed in the US. If that were the case, you would have to see unicorns in Delaware and Texas and many other places in the US, especially since many of these have a much more lax tax regime than California or New York. The fact that unicorns are almost exclusively bred in two cities in the US actually suggests that the influence of the tax and employment regimes is overwhelmingly dwarfed by other factors.