Is anyone aware of a non-western software company (for example, Xero and Atlassian which are NZ and Australian firms don't count) that is killing it in the United States?
-
Show this thread
-
Asia has eaten American manufacturing. I suspect that foreign countries are going to eat our software industry too.
4 replies 0 retweets 1 likeShow this thread -
Replying to @Molson_Hart
I just don’t see it. In fact, half of my portfolio is invested in a JPMorgan US Tech Leaders fund. The whole world (except China) uses US tech. Arrive in city, open Uber/Lyft app. Find a good restaurant with Yelp app. Book things to do with TripAdvisor. Etc etc
1 reply 0 retweets 1 like -
Replying to @danyay @Molson_Hart
Regional apps exist but the world standard is US Tech. Just like manufacturing suppliers in China, every intellectual asset you need to build and fund tech is in Silicon Valley. Sure, remote work exists. But HQs have to be somewhere
1 reply 0 retweets 1 like -
Replying to @danyay
I think over the next 10-20 years we'll see an explosion in foreign owned and operated technology, both globally and in the US market. For every Uber/Lyft there is GrabTaxi/DidiKuaiche We have a headstart, but cheap with better education goes a long way.
1 reply 0 retweets 0 likes -
Replying to @Molson_Hart
I’m interested, but not convinced. China might have the best chance but they’re basically in their own siloed Internet. Europe is a regulatory nightmare and few worldwide success stories come out of there.
1 reply 0 retweets 1 like
The Chinese will leave China. It's a big market, but it doesn't matter. They're hungry. I think the smaller countries will also fight in the USA. It doesn't have to be with Facebook sized apps. They can attack niches. India I know nothing about.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.