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Why Is Europe Failing to Create More $1B Startups?

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Re: Why Is Europe Failing to Create More $1B Startups?

#16
He mentions the multiple languages. I don't understand why Europeans stick to their local languages when they all know English anyway. Are they trying to keep foreigners out? Surely they realize there's a huge social cost of having your own minority language. This problem exists in China too but most people recognize the need to learn the standard Mandarin so they're largely bilingual. Dialect at home and Mandarin talking to everyone else even if it comes with a funny accent.

Re: Why Is Europe Failing to Create More $1B Startups?

#17
post #7
post #4

State intervention on innovation is considered harmful.

What about gun control? Does that stop innovation too?

Sure. More gun control -> more police expenses -> more taxes -> less innovation.

Try opening a company in, say, France. (This was a cruel joke. Please don't, for the sake of your sanity).

Re: Why Is Europe Failing to Create More $1B Startups?

#18
post #7
post #4

State intervention on innovation is considered harmful.

What about gun control? Does that stop innovation too?

I mean, one could claim it hampers gun innovation. Not sure the laws about that though- I wonder if they have laws that allow the creation of guns that would normally be illegal..

Not sure what afsina's point is though.

Re: Why Is Europe Failing to Create More $1B Startups?

#19

He mentions the multiple languages. I don't understand why Europeans stick to their local languages when they all know English anyway. Are they trying to keep foreigners out? Surely they realize there's a huge social cost of having your own minority language. This problem exists in China too but most people recognize the need to learn the standard Mandarin so they're largely bilingual. Dialect at home and Mandarin ta…

No, not everybody in Europe speaks English. Not in France, not in Germany, not in Spain, not in Italy.

Re: Why Is Europe Failing to Create More $1B Startups?

#20

He mentions the multiple languages. I don't understand why Europeans stick to their local languages when they all know English anyway. Are they trying to keep foreigners out? Surely they realize there's a huge social cost of having your own minority language. This problem exists in China too but most people recognize the need to learn the standard Mandarin so they're largely bilingual. Dialect at home and Mandarin ta…

> they all know English anyway

Not all of us speak English.

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