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Money from customers of all non-US countries is the biggest reason. Where US tech companies can't grow, local alternatives grow to the same level (China, Russia
by meiraleal 2y ago
Money from customers of all non-US countries is the biggest reason. Where US tech companies can't grow, local alternatives grow to the same level (China, Russia).
- robertlagrant 2y agoWhy should the presence of US tech companies mean local tech companies can't compete? What's special about US companies?
- meiraleal 2y ago> Why should the presence of US tech companies mean local tech companies can't compete? That's not the right question. The correct question is: Why DOES the presence of US tech companies mean local tech companies can't compete? And that's the beginning of the discussion. If there is no money to be made, no market will be developed. Block US companies and in a few years you have a booming ecosystem.
- robertlagrant 2y agoCan you answer why US companies are so good at providing value that customers choose them? Obviously things can survive if there's no competition, but why is that better for the consumer?
- meiraleal 2y ago> Can you answer why US companies are so good at providing value that customers choose them? Some greasy words. Using VC money to offer subsidized services while capturing the market and killing competition has no relation with being "so good" at providing value, much the opposite.