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Is there just no investment? What is the US doing that Europe isn't?
Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products. Is there just no investment? What is the US doing that Europe isn't?
Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products. Is there just no investment? What is the US doing that Europe isn't?
The US has a history of innovation and a culture of ambition, drive, and seeking financial independence. Europe is more concerned with regulation and bureaucracy.
Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products. Is there just no investment? What is the US doing that Europe isn't?
Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products. Is there just no investment? What is the US doing that Europe isn't?
The EU seems to do more "back end" technological developments than it does visible consumer brands. Less Apple or Google, more ASML or Nokia Networks.
Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products. Is there just no investment? What is the US doing that Europe isn't?
You aren't in a bubble, there just aren't many. There are tech companies but they're largely copies of US companies built for the local market (DoorDash -> Deliveroo, Uber/Lyft -> Bolt, etc). Europe has twice the number of people so there should be twice the number of notable companies but it's a small fraction instead. The US has a history of innovation and a culture of ambition, drive, and seeking financial indepen…
Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products. Is there just no investment? What is the US doing that Europe isn't?
Spotify (Sweden): Spotify is a leading digital music service that provides access to millions of songs. It was founded in 2006 in Stockholm, Sweden.
SAP SE (Germany): SAP is a multinational software corporation that makes enterprise software to manage business operations and customer relations.
Nokia (Finland): Nokia is a multinational telecommunications, information technology, and consumer electronics company, founded in 1865.
Adyen (Netherlands): Adyen is a global payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments.
Arm Holdings (UK): Arm Holdings is a leading technology provider of silicon IP and custom SoCs at the heart of billions of devices. Their architecture is key for computing, especially in mobile devices.
ASML Holding (Netherlands): ASML is a leading supplier of photolithography systems for the semiconductor industry.
Zalando (Germany): Zalando is a European e-commerce company based in Berlin. The company follows a platform approach, offering fashion and lifestyle products to customers in 17 European markets.
Klarna (Sweden): Klarna is a fintech company that provides buy-now-pay-later services, which simplify the payment process for consumers and merchants.
Revolut (UK): Revolut is a fintech company that offers banking services including a pre-paid debit card, currency exchange, cryptocurrency exchange and peer-to-peer payments.
DeepMind (UK): Owned by Alphabet, the parent company of Google, DeepMind is a world leader in artificial intelligence research and its application for positive impact.Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products. Is there just no investment? What is the US doing that Europe isn't?
Spotify (Sweden): Spotify is a leading digital music service that provides access to millions of songs. It was founded in 2006 in Stockholm, Sweden. SAP SE (Germany): SAP is a multinational software corporation that makes enterprise software to manage business operations and customer relations. Nokia (Finland): Nokia is a multinational telecommunications, information technology, and consumer electronics company, foun…
As another commenter said, both operate in the “back end”, non-consumer world.
Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products. Is there just no investment? What is the US doing that Europe isn't?
As a US citizen, I have always wondered if those in other countries invest in US securities or securities of their home county. Do they buy US securities through an ADR on their local stock market?
They do. Of course there is still a home bias. AFAIK those stocks are traded directly on foreign exchanges.