Comment by RugnirViking
1 day ago
Having tried myself in the EU; access to capital. People as far as I can remember there's something between 5-50x as much capital going around in America. For industries outside of strict software, you NEED capital to get going. Can't bootstrap medical trials.
Yeah that's true. We never needed much capital (we are software/hardware) but if we would have then it is a lot harder. That said; I raised Euro 10m in a bar in spain without even any paperwork. But if you need a billion, I would say that's just much easier in the US.