4 ms·

I'm not sure this is just a matter of priorities. Isn't political leadership in the EU disappointed with the lack of tech industry in the EU?

by jowea 2y ago

Arnt 2y ago
Yes, but afaict not with the lack of giants. It's more "we want to have lots of successful startups like in silicon valley". Some become giants, most not.
- Arnt 2y ago
  Come to think of it... don't politicians in Alaska, Washington, Colorado, Nebraska, Arkansas, Florida and so on also want startups like in silicon valley?
  - AlchemistCamp 2y ago
    Boulder, Colorado is where Tech Stars (the 2nd most successful incubator after YC for most of the past 2 decades) started and despite having a population of ~100k people, Boulder is where many of Tech Stars biggest successes happened. Washington is home to Microsoft and Amazon, so it's doing okay, too.
jajko 2y ago
I would be surprised. Sure money is good, either direct (if taxes are paid) and the trickle down stuff from a lot of big salaries. But we don't tolerate employee 'abuse' that is rampart in US, we don't like too-big-to-fail, mega corporations messing massively with laws that should govern them. And the massive success in US is at least partially a side effect of being able to be harsh, move very fast (ie fire half of company when needed). We don't have such adaptability, some say for good reason, some disagree. I don't think any smart politician doesn't see this clearly, but we lean way more left generally than even democrats in US, so at the end directions taken are roughly in same direction, but otherwise unique. As long as there is overall freedom of movement and thought and cca fair competition we are all better off as such, I have US colleagues who love it here, and I know few folks who are happy across the pond.
- disgruntledphd2 2y ago
  Honestly, it's probably _also_ a capital markets issue. All of the stock markets in the EU/Europe are really small compared to the US, and there's a steady stream of companies moving their listings there. Fixing that (with the Capital Markets Union) would presumably help, even if everything else remains the same.

I'm not sure this is just a matter of priorities. Isn't political leadership in the EU disappointed with the lack of tech industry in the EU?

by jowea 2y ago

I'm not sure this is just a matter of priorities. Isn't political leadership in the EU disappointed with the lack of tech industry in the EU?

Arnt 2y ago

Yes, but afaict not with the lack of giants. It's more "we want to have lots of successful startups like in silicon valley". Some become giants, most not.

Arnt 2y ago
Come to think of it... don't politicians in Alaska, Washington, Colorado, Nebraska, Arkansas, Florida and so on also want startups like in silicon valley?
- AlchemistCamp 2y ago
  Boulder, Colorado is where Tech Stars (the 2nd most successful incubator after YC for most of the past 2 decades) started and despite having a population of ~100k people, Boulder is where many of Tech Stars biggest successes happened. Washington is home to Microsoft and Amazon, so it's doing okay, too.

jajko 2y ago

I would be surprised. Sure money is good, either direct (if taxes are paid) and the trickle down stuff from a lot of big salaries. But we don't tolerate employee 'abuse' that is rampart in US, we don't like too-big-to-fail, mega corporations messing massively with laws that should govern them. And the massive success in US is at least partially a side effect of being able to be harsh, move very fast (ie fire half of company when needed). We don't have such adaptability, some say for good reason, some disagree. I don't think any smart politician doesn't see this clearly, but we lean way more left generally than even democrats in US, so at the end directions taken are roughly in same direction, but otherwise unique. As long as there is overall freedom of movement and thought and cca fair competition we are all better off as such, I have US colleagues who love it here, and I know few folks who are happy across the pond.

disgruntledphd2 2y ago
Honestly, it's probably _also_ a capital markets issue. All of the stock markets in the EU/Europe are really small compared to the US, and there's a steady stream of companies moving their listings there. Fixing that (with the Capital Markets Union) would presumably help, even if everything else remains the same.