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> Why not in the US? How many large tech. companies has Europe produced ? Why would (or even: could) anyone start/build a cutting-edge tech. company in Europe
by ur-whale 3y ago
> Why not in the US?
How many large tech. companies has Europe produced ?
Why would (or even: could) anyone start/build a cutting-edge tech. company in Europe given the hell that labor laws are over there ?
Labor laws in Europe are a giant hindrance to economic growth.
People in most European countries have made a political choice: safety and stagnation over wealth and growth.
That's their choice, fine, they're free to do as they please in their own house.
But when you make a choice, you can't ignore the consequences of these choices.
That's why "not in the US":
Different political choices, betting on growth, agility, innovation, running fast, and yes -- ooooh, what a terrible thing -- taking risks, and among others that employment may come and go because the world is not a static place.
- eloisant 3y agoIt has nothing to do with labor laws, it's more about lack of investors. Many tech companies started in Europe, got successful then moved to US because they could not longer find big enough investors in Europe. Google only did layoffs very recently so I don't see how be able to fire people at will helped them grow.
- ur-whale 3y ago> it's more about lack of investors. And why would you say, aren't there any large investors? If the labor market conditions were good (and taxes, and work ethics, and ... the list is very long), the investors would come, even from far away, believe me. Money can move around the world very fast these days.
- _pferreir_ 3y agoWow, that's a very opinionated take, to say the least. Especially when by Europe we mean three dozen countries or so, all of them with their own history, policies and laws. A little bit more nuance would help.