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Tech leadership is going to sing loud about taxes and liberalisation of VC friendly economics and environment, but the reality is whatever Silicon Valley has, y
by ggm 2y ago
Tech leadership is going to sing loud about taxes and liberalisation of VC friendly economics and environment, but the reality is whatever Silicon Valley has, you can't bottle it.
Every attempt in Europe, Asia to replicate it has failed.
Vance should be careful he doesn't destroy the thing he loves. I don't often believe my own bullshit, but I do believe Jobs, Musk, Andreesen-Horowitz, Zuck do NOT define what made Silicon Valley work. They're the robber barons of our age, not the actual innovators. (Jobs maybe I say that unfairly)
- austin-cheney 2y ago> but the reality is whatever Silicon Valley has, you can't bottle it. Financing, escalating rounds of investment betting on market penetration without regard for profit. Nobody else is willing to wait up to a decade funding companies with increasing orders of magnitude of money every two years if they don’t make money.
- acchow 2y agoIt’s more than that, because the VC money willing to put up with such long delays for payout can certainly invest in companies anywhere in the world.