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2 things happen repeatedly in the European tech scene: you get large enough to be noticed by Google, MS, Amazon, and they acquire you. Or, in order to continue
by yardie 1y ago
2 things happen repeatedly in the European tech scene: you get large enough to be noticed by Google, MS, Amazon, and they acquire you. Or, in order to continue to scale you move the entire company to SV, ie Spotify.
If the EU stepped in to block the acquisition or corporate move, in order to keep their tech homegrown, it would be seen as government overreach and not respecting the free markets.
- cruzcampo 1y agoMaybe it's time we realize free markets are ... bad sometimes? Why are we sacrificing our sovereignty to an abstract ideology?
- croes 1y agoMaybe it’s time to realize that the free markets aren’t as free as claimed
- mnky9800n 1y agoBecause if the EU steps in to stop this you couldn't scale because the EU isn't one big market like the USA it is a bunch of smaller markets that add up to a big markert that all have their version of how things should go. If the EU wants to have hyperscalers like the USA they will at some point need to force EU members to do things like relax language requirements, have more overlapping business law, etc.
- cruzcampo 1y agoYes, I fully agree - this is a super important thing the EU needs to do if it wants any chance at homegrown competition.
- diggan 1y ago> scale you move the entire company to SV, ie Spotify. AFAIK, Spotify doesn't have any presence in SV, but the US part is in NYC, besides the presence in Stockholm (obviously) and the holding company in Luxembourg.