4 ms·
> 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 star
by mhitza 11mo 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 11mo agoWhy do you think there is more funding in the US?
- mhitza 11mo agoI 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).