Comment by baxtr
4 years ago
I think this has been debunked? Just look at Sweden as an counter example or Israel.
I believe it’s just the lack of massive capital and the power law of VC investments. Start 1000s companies with smart people and a tiny fraction will get insanely big.
We’re starting to see this in Europe too now.
If Sweden and Israel are good counter examples, maybe there's something to that language barrier after all; Sweden and Israel are both countries with an excellent command of English.
Hiring SE in Sweden takes minimum 6 months. Take into account a Union to deal with. It's probably too complex for some startups. Does it make Sweden a good example for starting a company or bad one?
On the other hand, people in Sweden are positive about hiring (and sometimes being hired as a) freelancer. But that's not a company, right?