That's probably not a regulation issue that's mostly hitting US big tech, though. European schools and universities tend to drill people towards employment and

That's probably not a regulation issue that's mostly hitting US big tech, though. European schools and universities tend to drill people towards employment and not to take too many risks so starting companies isn't as widespread and considered too bureaucratic. Then there's the issue of multiple currencies and not every checkout SaaS supporting all of them and their various options of payment (afaik), which limits reach. That's a problem the US, India, China and Russia don't have.