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> That’s the reason that it has such a thriving tech ecosystem. By "market leaders" you mean the very many American companies fuelled by unlimited investor mon
by illiarian 3y ago
> That’s the reason that it has such a thriving tech ecosystem.
By "market leaders" you mean the very many American companies fuelled by unlimited investor money that lose billions of dollars a year with no chance of ever turning a profit?
- scarface74 3y agoOr maybe the top five most valuable tech companies - Microsoft, Apple, Amazon, Facebook, Google. Even if that’s the case, why aren’t investors willing to invest in EU tech companies at the same level?
- illiarian 3y agoHitory, lax laws (esp. around consumer protection) etc. On top of that the US is a rather homogenous market with a single language vs. 27 conuntries with 27 different languages (in reality more) and quite a difference in local laws (even if all are compliant with EU-wide laws). IIRC there's also an expectation in Europe that companies should actually turn a profit at one point (though with influx of American money this is starting to change, too). You still get ASML and Infineon, SAP, Adyen, Amadeus etc.