I hate that I agree, and yet, I agree. The EU has a giant single market, has a pipeline of elite tech talent from everywhere from Finland in the North on down, has long since settled on English as the lingua franca of business but has plenty of tools to solve i18n, and yet...culturally is just hostile to entrepreneurship in a way that goes beyond reasonable suspicion of fakery. what's that all about?
I don't think it's regulation, btw. Starting and running my company in the UK pre Brexit was way easier than doing it in the US. Keeping the IRS happy is no joke.