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And yet there is no successful German internet company on the scale of Amazon, Facebook, Netflix, Apple, Google. I claim the regulatory environment is a factor
by ghufran_syed 4y ago
And yet there is no successful German internet company on the scale of Amazon, Facebook, Netflix, Apple, Google. I claim the regulatory environment is a factor preventing such businesses being successful - why are are you so sure it couldn't be?
- hef19898 4y agoBecause easy access to vebture capital, a huge single language market, a risk affine culture and prior success in these fields seem to play a much larger role than how difficult it is to incorporate. If an entepreneur is already discouraged by incorporating, maybe he should stay an employee.
- register 4y agoGerman people of the elder generation ( boomers ) are generally risk adverse. I would say that this is the biggest reason why.
- andi999 4y agoSmall things also. Bezos choose books for amazon since it is a perfect comodity with low consumer prices. You do not have to see the product to know what you will get. Then by using scale of volume they could reduce the sales price and become more attractive. The last step wouldnt have worked, since you are not allowed to sell books at different price in germany. Also if you ordered a book from a bookstore sometimes you had same day delivery to that bookstore or latest next day. Amazon mostly lifted of in Germany when they started to sell other stuff.
- johannes1234321 4y agoThere are many difference. A key one: German companies will start to cater around German-speaking market, then expand to Europe, then further out. An American company will focus on American market and while doing that is - due to using a wide spread language - immediately useable world wide and then can adapt to languages and cultures over time.