Whoah, of the top 100 most popular domains, only 2 are in the EU and neither porn sites nor subsidiaries of US companies. And they're both the same company: http://bbc.com and http://bbc.co.uk . And after Brexit, the number will be zero.https://www.visualcapitalist.com/ranking-the-top-100-websites-in-the-world/ …
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Any thoughts on why the EU completely bombed on tech over the last 40 years?
Customs and regulations that made it completely alien to start a startup. When Silicon Valley was getting going in the early 1970s, England had a tax rate on investment income of 98%.
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there goes the neighborhood
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To be fair, in the 50s and 60s the top rate in the US was 90%+, and still 70%+ in the 70s.
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Market reality played a bigger role too. It's easier to grow in a 300M+ market where everyone speaks the same language and had the same culture. Than to spend capital winning in 27 markets.
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And now? What EU countries and/or cities do you think are the best conduits for startups ?
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On the bright side, I suppose if the world slides into low/slow growth, Europe will be able to manage while the rest of the world degenerates into violence? A la Growth vs Violence trade-off,
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Maybe 17 languages, cultures and not one giant uniform market as well ?
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There's plenty of multiculturalism in the United States, yet they were able to create a uniform market, while Europe was not?
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