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germainb
searching PlanetScale…
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by
germainb
11y ago
Never have I had so many friends in France starting their ventures. The 10000 Uber drivers also often left jobs (were not unemployed) to become auto-entrepreneurs https://medium.com/@GerryB/uber-fighting-youth-unemplo
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germainb
11y ago
having access to a market of 355 million (US+Canada) who speak the same language helps immensely. you need legal council in each country if you really want to expand (even without setting up there)
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germainb
11y ago
no, it doesn't. i'm not saying we should do away with the essence of regulation...i'm saying we have too much regulation. Think NASA vs Space X. If Switzerland Labor laws hold in a 100 page book, why do France's take v
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germainb
11y ago
I'm not saying taxes don't play, I'm saying startups don't pay taxes because they make losses...so the tax rate doesn't affect startups. 50% tax ? Corporate tax rate in USA = 36% in France = 33.33% VC question = low
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germainb
11y ago
France does have regulation, but so does the US - industrial nations are generally over-regulated today. France also does not have a legal system that is as costly as the US, so litigation risk is less important. Taxes don't really pla