Comment by ivan_gammel

This particular example is hardly representative. The market they work on is difficult. They may have an ambition to become Tesla of airplanes, but it did not take a long time before traditional manufacturers learned from Tesla’s success and took over. VW builds more electric cars, and number one globally is a Chinese company. With airplanes, becoming an independent manufacturer is a long and risky path. In the end, their main choice is between being acquired by Boeing or Airbus if they are successful, or being outcompeted by incumbents or Chinese. I do not think this reflects the investment climate in Europe in general. There are fields where startups can do well, and fields where starting something new in Europe is generally a bad idea. I’m not sure that’s always because of regulations.