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Isn't funding at that extreme level pretty much localized to a few areas in the US, like Silicon Valley/Bay Area, Portland/Seattle area, New York and maybe Colo
by mrweasel 2y ago
Isn't funding at that extreme level pretty much localized to a few areas in the US, like Silicon Valley/Bay Area, Portland/Seattle area, New York and maybe Colorado. It is probably easier than in the EU, but I don't think may start ups in Alabama are getting crazy funding.
As for getting acquired, that's the same in the US. Either you goal is total dominance on your own or getting acquired by Alphabet, Meta, Microsoft, Oracle or Salesforce.
You do have a point, start ups doesn't have access to the same level of uncritical funding. The SV model also isn't ideal, but it should be possible to find somewhere in the middle.
- Galatians4_16 2y agoFor a while there, funding in US was as simple as putting the right keywords into your proposal, and sending it to the right treasury office, getting it practically auto-approved. I hope they will align closer to the sensible European practices in the future.
- carlosjobim 2y agoMoney is imaginary and made out of thin air. It makes sense to divert at least some of it to innovation.
- Galatians4_16 2y agoTrue. Innovation is also imaginary and made of thin air, until it is put into practice.