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Alibaba acquires Berlin-based data Artisans for $103M

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Re: Alibaba acquires Berlin-based data Artisans for $103M

#51
post #42

Earlier quoted context omitted.

There are lot of reasons: -Europe is fragmented market. It is not given that German software will be gladly accepted and used in France, Italy or UK and vice versa. There are barriers there that does not exist in the US. -The capital market and the stock market are not as developed as in USA in terms of market participants and available funds. Going public is unlikely event. If it happens, it would not get a lot of p…

Could you give example of Europe based tech companies that went public in US?

Another, more recent example, is Farfetch (FTCH). European startup that went public on NYSE

Re: Alibaba acquires Berlin-based data Artisans for $103M

#52
post #42

What is it about European Enterprise Data software companies that they never make it past this stage without either being bought up or moving to the States? MySQL, JBoss, Elastic. The list is much longer.

There are lot of reasons: -Europe is fragmented market. It is not given that German software will be gladly accepted and used in France, Italy or UK and vice versa. There are barriers there that does not exist in the US. -The capital market and the stock market are not as developed as in USA in terms of market participants and available funds. Going public is unlikely event. If it happens, it would not get a lot of p…

> Many people are afraid that big software companies will steal and abuse their personal data

Cant say they are wrong. But its also a business concern for enterprise companies everywhere - US or EU so you cant really say this is an issue here. More of a requirement.

>exploit small family businesses, and just make money on mistreating normal people.

Most of the people who think so are being very stupid.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#53

Earlier quoted context omitted.

The language of business in the EU is now English. At least in IT, it's all English.

I guess then in IT its probably VC funding thats causing problems.

The culture/language barrier is still there, for serving customers. You can't do that English-only.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#54
post #47
post #35

Earlier quoted context omitted.

> EU response to this is various EU funding programs that are mostly throwing money away for little to no benefit. You're framing this as if it's the EU's job. It isn't. The only way the EU could compete if it would become a federal state, similar to the US. Right now the EU, despite being a single market in many respects is far from being a true digital single market. Individual states are actively fighting against…

> You're framing this as if it's the EU's job. It isn't. Then what is EU Horizon 2020 for? https://ec.europa.eu/programmes/horizon2020/what-horizon-202...

An attempt.

But the EU budget is much, much smaller than the US federal budget:

EU: $150 billion for 2014

US: $3000 billion for 2014

And the barriers between national markets in the EU are much steeper than the ones between state markets in the US.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#55
post #35

Earlier quoted context omitted.

> EU response to this is various EU funding programs that are mostly throwing money away for little to no benefit. You're framing this as if it's the EU's job. It isn't. The only way the EU could compete if it would become a federal state, similar to the US. Right now the EU, despite being a single market in many respects is far from being a true digital single market. Individual states are actively fighting against…

How do these things get realized in the EU system ? I mean hypothetically if Germany, France, Netherlands, the Nordic countries pass legislations for greater integration wouldnt others follow suite ? Should it also not pass easily since most big businesses would probably get behind it ?

You're forgetting that Europeans are overall fiercely nationalistic by modern standards (not-WW1 nationalistic, but still).

Every EU country pushes back when there are attempts for more integration. More than that, there's a rising anti-EU current in most EU countries, due to various population movement issues.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#56
post #42

Earlier quoted context omitted.

There are lot of reasons: -Europe is fragmented market. It is not given that German software will be gladly accepted and used in France, Italy or UK and vice versa. There are barriers there that does not exist in the US. -The capital market and the stock market are not as developed as in USA in terms of market participants and available funds. Going public is unlikely event. If it happens, it would not get a lot of p…

> Many people are afraid that big software companies will steal and abuse their personal data Cant say they are wrong. But its also a business concern for enterprise companies everywhere - US or EU so you cant really say this is an issue here. More of a requirement. >exploit small family businesses, and just make money on mistreating normal people. Most of the people who think so are being very stupid.

Sure. I did not want to discuss if it is right or wrong. I just wanted to state some widespread beliefs that are hostile for tech startups.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#59
post #36

Earlier quoted context omitted.

Why would someone do that though. You can buy a much nicer house in Spain

I'd rather live in Germany than Spain.

Once you are financially secure, living in Germany makes no sense. Shitty weather, the insane apartment situation in any major city, shitty services(any company with Deutsche in front - Deutsche Bahn, Deutsche Bank, Deutsche Telekom, Deutsche Wohnen), the beurocratic burden in your day to day live - everything takes forever to get done here. Spain is not perfect, but oh my god is Germany overrated

Re: Alibaba acquires Berlin-based data Artisans for $103M

#60

Why did they make this acquisition? It looks like data Artisans provides tools for managing Apache Fink deployments. Is it more than that?

It's an aqui-hire, i guess. Not great for Data Artisans customers. Alibaba are flexing their muscles. Google have their own data platform. We want to show we have our own too - they see it as competitive advantage. Alibaba are not an enterprise software company, like Data Artisans were.
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