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It's difficult for a European company to compete with US tech giants due to the difference in capital. They just get bought up if they're very successful. For e
by chimprich 3y ago
It's difficult for a European company to compete with US tech giants due to the difference in capital. They just get bought up if they're very successful. For example, DeepMind: started in the UK, but acquired by Google. I would say that's a an example of an innovative company, but how are they ever going to grow as big as a US tech giant?
On the other hand, the US tech giants are headquartered in the US, but are very much multinationals, with people working for them across the world.
- majikaja 3y ago>For example, DeepMind: started in the UK, but acquired by Google. This company was profitable?