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Comment by unionpivo

4 years ago

Because we don't want them.

Ok I perhaps misspoke because we would want them, if they came without costs. And by cost I mean law and regulatory environment necessary for such companies.

In EU generally speaking law is in favor of the people (individuals) a lot more than in USA (there are huge exceptions to this like defamations (or anything to do with banks), but I still believe its true.).

There are stories about EU fining USA corporations and how that is unfair. But they fine local ones as well, so breaking things (as in breaking/ignoring law ) and moving fast ends up with law breaking you long before you are successful enough that you can shrug it off.

It's not hard to start business in EU, but it's hard to get hokey stick growth. There are plenty of small to mid level companies in EU that pay well to founders and it's employers.

But if you are trying to get hokey stick growth, EU is not optimal, so why even bother starting there since you can go straight to USA most of the time ?

And honestly speaking if we would have to import American style laws/ regulatory environment in order to get them here, I would rather choose not to have them