Earlier quoted context omitted.
> 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.
> Most of the people who think so are being very stupid. VCs make a profit by selling startups to big corporations or big investors via IPO. Most startups have negative cash flow and make negative profits by the time they are acquired by a corporation or investors. This means that VCs make a profit by creating negative value. Most VC-funded startups with a successful exit never become profitable. Those few startups t…
Alibaba acquires Berlin-based data Artisans for $103M
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Re: Alibaba acquires Berlin-based data Artisans for $103M
#122Earlier quoted context omitted.
I certainly am. I don't want a European Google or Facebook popping up. I want the existing Google and Facebook to go away.
Facebook at least seems to have caused more human misery than happiness.
Re: Alibaba acquires Berlin-based data Artisans for $103M
#123I wonder what it would take to create the set of conditions for another "Silicon Valley / SF Bay Area" to appear in Europe. It seems like inevitably, any tech companies that are successful always end up getting bought out and leave to the U.S. instead of staying. What are the primary issues? Lack of VC funding, culture, government policy? On the surface, it doesn't seem like there's anything particularly lacking, at…
I feel that there is quite a buzz around Amsterdam being the new tech nexus. Not sure how you would measure its SV-rating though.