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Because there is very good tech talent with much less competition and lower costs than in the US - in part because schools are mostly free.
by pesenti 11y ago
Because there is very good tech talent with much less competition and lower costs than in the US - in part because schools are mostly free.
- redthrowaway 11y agoAnd that tech talent can work anywhere in Europe. So why start a company in a country that's hostile to entrepreneurship when you could start it elsewhere with access to the same talent pool?
- xgbi 11y agoCountry? Where did you read that the entire country population is against Uber? It is actually the contrary... It is just that taxis were super violent during their protests (which definitely didn't help their case).
- deleted 11y ago[deleted]
- solve 11y agoLower competition - my favorite lie that I hear told in every EU country. EU is not lower competition from the entrepreneur's perspective. Anywhere in the EU is vastly higher competition. - Unless you're doing a hyper-local product, you're competing on the global scale. - The ratio of active investors versus serious entrepreneurs is far, far worse in France than in Silicon Valley. - Getting good people in France to join your startup is very easy. Getting the absolute best people in the world, that's tough. Not because they don't exist in France. It's because the absolute best people want to leave France. Top talent wants to move to the #1 best place in the world for their industry, no less. The lifecycle of a (non-lifestyle) startup anywhere in the EU is far harder than it is in Silicon valley, at every stage. If the government continues to add serious benefits, and many other changes happen though, the balance could maybe start to shift.
- pesenti 11y agoI meant lower competition for talent.
- iamcurious 11y agoIt's because the absolute best people want to leave France. Top talent wants to move to the #1 best place in the world for their industry, no less. Are those definitions or observations?