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0 pointschairmansteve5h ago0 comments

"Because of onerous regulations, the EU has much less startups". That old trope.

Is that also the reason Miami or St. Louis have less startups?

I have started companies in the UK. The process is about the same as in the USA. The problem in Europe is that there is a lot less VC capital. Just like in Miami. It had nothing to do with regulation.

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pocksuppet3h ago

One reason there's less VC capital because they don't control the world reserve currency like the US does, so they can't just print money and export inflation. Thankfully the current US leadership is intent on resolving this discrepancy.

j / k navigate · click thread line to collapse

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pocksuppet3h ago

j / k navigate · click thread line to collapse