4 ms·

How come only the EU needs to stifle existing companies to be able to have a chance to compete? How come OpenAI or Anthropic or Cursor didn't come out of the EU

by pb7 10mo ago

How come only the EU needs to stifle existing companies to be able to have a chance to compete? How come OpenAI or Anthropic or Cursor didn't come out of the EU? I'll give you a hint, it's not because of big bad Google.

Nextgrid 10mo ago
> only the EU needs to stifle existing companies to be able to have a chance to compete [emphasis mine] Tell me another country that competes with the US on monopolistic tech platforms? The only one I know of is China, and that's because their GFW and regulations essentially prevented US platforms from taking hold to begin with, and their stronghold on tech manufacturing means they actually have teeth when it comes to securing concessions from Western techbros (where as the EU couldn't even be bothered to enforce the GDPR).
fullofideas 10mo ago
While I agree with the sentiment, it is not true that only EU takes a “nationalistic” stance and safeguards its interests. US is famously doing it with tariffs..to bring back manufacturing, and I also remember hearing “America first”. Doesn’t make what EU is doing right, just that everyone is stifling outside competition in some form.
mhitza 10mo ago
> How come OpenAI or Anthropic or Cursor didn't come out of the EU? Access to VCs and funding is easier in the US. Heck, even if you try to build your own startup, with your own funds, when you're out there looking for investments soon enough being "delaware incorporated" will become a requirement.
- pb7 10mo ago
  Why do you think there is more funding in the US?
  - mhitza 10mo ago
    I don't know the legislation and contract law pertains to funding, and why EU companies need to move to the US to get investor funds (and can't be funded internationally while retaining EU status). What I can tell you from my experience in seeking out venture/angel/seed funding opportunities in the EU is that many (most) that turn up on search results don't have a "pitch us" form and more of a "we'll find you if we want to fund you". There are also incubators, a la YCombinator, that provide only mentorship and no funding (ie. I would need to quit my job and sustain myself to build a startup).
re-thc 10mo ago
> How come only the EU needs to stifle existing companies to be able to have a chance to compete? It's not required to compete. It's just their style and old fashioned. A 1 point hitting kids was the way to go. We all know how that went. The world has changed. Those kingdom eras no longer exist. The EU should bring out real substance.

by pb7 10mo ago

Nextgrid 10mo ago

> only the EU needs to stifle existing companies to be able to have a chance to compete [emphasis mine] Tell me another country that competes with the US on monopolistic tech platforms? The only one I know of is China, and that's because their GFW and regulations essentially prevented US platforms from taking hold to begin with, and their stronghold on tech manufacturing means they actually have teeth when it comes to securing concessions from Western techbros (where as the EU couldn't even be bothered to enforce the GDPR).

fullofideas 10mo ago

While I agree with the sentiment, it is not true that only EU takes a “nationalistic” stance and safeguards its interests. US is famously doing it with tariffs..to bring back manufacturing, and I also remember hearing “America first”. Doesn’t make what EU is doing right, just that everyone is stifling outside competition in some form.

mhitza 10mo ago

> How come OpenAI or Anthropic or Cursor didn't come out of the EU? Access to VCs and funding is easier in the US. Heck, even if you try to build your own startup, with your own funds, when you're out there looking for investments soon enough being "delaware incorporated" will become a requirement.

pb7 10mo ago
Why do you think there is more funding in the US?
- mhitza 10mo ago
  I don't know the legislation and contract law pertains to funding, and why EU companies need to move to the US to get investor funds (and can't be funded internationally while retaining EU status). What I can tell you from my experience in seeking out venture/angel/seed funding opportunities in the EU is that many (most) that turn up on search results don't have a "pitch us" form and more of a "we'll find you if we want to fund you". There are also incubators, a la YCombinator, that provide only mentorship and no funding (ie. I would need to quit my job and sustain myself to build a startup).

re-thc 10mo ago

> How come only the EU needs to stifle existing companies to be able to have a chance to compete? It's not required to compete. It's just their style and old fashioned. A 1 point hitting kids was the way to go. We all know how that went. The world has changed. Those kingdom eras no longer exist. The EU should bring out real substance.