>But the problem isn't regulations. The problem absolutely are nonsense. In the US and many other countries you can near instantly found a company, raise capit

>But the problem isn't regulations. The problem absolutely are nonsense. In the US and many other countries you can near instantly found a company, raise capital, hire staff and develop a product. Doing the equivalent in Germany will take you years. The regulatory burdens on the individual who wants to found something are immense, opaque, heavily gate kept and require detailed and nuanced understanding of the law. The EU and especially Germany does not want startups to exist, they want innovation to come from large multi national corporations. The consequence is that they are falling behind on every technological metric.