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Because people don't care that much about where their software comes from. They just want the best product available, and more often than not it comes from the
by mmarian 2y ago
Because people don't care that much about where their software comes from. They just want the best product available, and more often than not it comes from the States.
This is a global phenomenon - Americans didn't care about TikTok being a Chinese company either.
- whiplash451 2y agoThis alone does not explain why new leaders do not emerge from Europe.
- deeringc 2y agoWhenever they have, they have been bought by larger and richer (mostloy US) tech companies. Look at Deepmind, Skype, Nokia, Tandberg, etc... Arm is another (although Japanese rather than US-owned). There are also many cases where European founders base their companies out the States for access to higher funding (eg Stripe, Spotify). Another factor is that US multinationals have a large presence across Europe in terms of employment - if a large component of the top tech talent of Europe is employed by US companies then they are less likely to build large European companies.