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Yeah Europe it's facing an excessive taxation plus excessive regulation. Regulation it's good but it should be small and precise. The excess of regulation in Eu
by traveler01 4y ago
Yeah Europe it's facing an excessive taxation plus excessive regulation. Regulation it's good but it should be small and precise. The excess of regulation in Europe it's only being benefitial to huge corps, that have money to either pay the small fines, or an army of lawyers to either comply or circumvent regulations.
For example, they forced brands to switch to Type-C, everyone here cheered up the EU. This will come back to bite us in the a*. EU's actions were excessive and in the future will hurt innovation since brands will now have to ask permission to EU to come up with new standards if needed.
- jwestbury 4y ago> Europe it's facing an excessive taxation plus excessive regulation. Is there a compelling argument to be made that it's not the inverse of this? Perhaps other jurisdictions are facing destructively light regulations?
- traveler01 4y agoRegulation it's always destructive. It's always meant to forbid/enforce some actions. Some light regulations can be bad for climate but good for companies and economy and vice-versa, it's up to the politician to find the balance. European politicans can't do that since they're busier trying to win next elections.
- DoingIsLearning 4y agoI am gonna have to strongly disagree, the major reason tech companies struggle in Europe is because of access to funding. Investors are way more risk averse and 'VCs' are closer to business angels than VC's in terms of level of funding rounds. In the same way, for EU companies to really play ball and have access to US based VCs they at some point have to incorporate in Delaware or NY to be taken seriously. The only exceptions to what I described that I have seen seem to gravitate around fintech.