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It is much more complicated than that. (1) Europe has a fragmented market; linguistically, product wise (2) Silicon Valley is in the United States (3) The Unit
by jacquesm 10mo ago
It is much more complicated than that.
(1) Europe has a fragmented market; linguistically, product wise
(2) Silicon Valley is in the United States
(3) The United States has a very large amount of capital to throw at companies
(4) even if you managed to succeed in the EU your shares will most likely be bought out from under you if you raised capital
(5) all of the above re-inforce each other over time
Once you have that kind of an advantage it is very hard to lose it.
- jen20 10mo agoIt is worth noting that only one of the “big three” clouds is in Silicon Valley - indeed, much of the original development work on what became AWS was done in South Africa!