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In my experience it is a lot of things, in varying amounts depending on the situation (and each of these is both good in some ways and bad in others): - The US
by adamcharnock 2y ago
In my experience it is a lot of things, in varying amounts depending on the situation (and each of these is both good in some ways and bad in others):
- The USA is a huge and fairly homogenous fairly wealthy fairly risk-positive market.
- The USA has a bigger = better mindset. "Your restaurant is fantastic, you should open another one!".
- Abysmal work-life-balance. Great for making stuff.
- Minimal language and cultural barriers.
- Because of the USA market, you can grow huge before having to expand to other countries.
- Because you can grow huge in the USA market, that is where the funding goes.
- All the the USA's allies didn't mind too much, because they are(/were?) allies
- All the non-USA-allies developed their own markets (Russia, East Asia, Africa, India, etc).
- And so now, given the messaging coming out of the USA, EU governments/companies/people are giving their USA-entanglement a second look.
Which, being in the EU, is pretty exciting. I feel like there is a lot of opportunity here right now.
Disclaimer: I'm sure there are 1001 reasons, and the above is just one potential view.
- disqard 2y agoI think you've made some good points. However: > All the non-USA-allies developed their own markets I have friends and family in India, and I'm not aware of homegrown alternatives to any of the following: * gmail * amazon * google search * whatsapp * linkedin * spotify * facebook * yt shorts On that last one, when India banned TikTok overnight, it was a golden opportunity for a different homegrown alternative to step in, but it looks like YT/IG captured most of that market. Happy to be corrected, though. If you have concrete examples, that'd be good to know!