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No, that's a good point. And no, I was not going to cite ASML. My point is that maybe the US isn't better for causing wildly successful ideas to be rewarded by
by nerdponx 3y ago
No, that's a good point. And no, I was not going to cite ASML.
My point is that maybe the US isn't better for causing wildly successful ideas to be rewarded by the market.
The US probably is better for starting tech companies. More rolls of the dice, more chances for success.
But it's not like Nvidia's founders were shopping around for a country to start Nvidia in either. If the Wikipedia history is to be believed, they were already accomplished engineers working at established computing companies in the US, so why would they found Nvidia anywhere else? The web of causality is deeply tangled here. Was the US in the 90s onward actually better for tech startups, or was it a momentum effect carried forward from the US already being a tech and computing leader in the 80s? Maybe a little of both.