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CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

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Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#21

Post by ruairidhc »

k99x55 wrote: post #20

There is a misconception that innovation comes mainly from the private sector. Its the opposite: innovation comes from the public sector. "We pretend that the government was at best just in the background creating the basic conditions (skills, infrastructure, basic science). But the truth is that the involvement required massive risk taking along the entire innovation chain: basic research, applied research and early…

>"There is a misconception that innovation comes mainly from the private sector. Its the opposite: innovation comes from the public sector."

Is there any evidence for this other than opinion pieces?

Asking sincerely.

I see arguments for both sides being the source of most innovation, but haven't seen real, valid, data-driven evidence. Granted, I haven't looked much. I have my own opinion, but want more evidence, for both arguments.

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#22

Post by zaptheimpaler »

PeterStuer wrote: post #9
avmich wrote: post #4

What are the conditions regarding creating and running a modern tech company in France, Germany, Spain, Italy in comparison with California - or Delaware? I mean, if European society - and particularly European governments, as "conscious" agents of that - wants to have better startup results, do they make it's easier to achieve from their side, do they see any problems with European modern approach which they can imp…

It is not a tech problem, not a culture ptoblem, but a monetary one. Reserve currency status and the petrodollar gives the US accrss to unlimited consequence free cash. This is why they can just treat the EU as a free research lab and buy up every promising result.

Yet China or India have tons of startups without reserve currency status.

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#23

Post by TheLoafOfBread »

PeterStuer wrote: post #9
avmich wrote: post #4

What are the conditions regarding creating and running a modern tech company in France, Germany, Spain, Italy in comparison with California - or Delaware? I mean, if European society - and particularly European governments, as "conscious" agents of that - wants to have better startup results, do they make it's easier to achieve from their side, do they see any problems with European modern approach which they can imp…

It is not a tech problem, not a culture ptoblem, but a monetary one. Reserve currency status and the petrodollar gives the US accrss to unlimited consequence free cash. This is why they can just treat the EU as a free research lab and buy up every promising result.

From my perspective as European, it is big taxes, lot of bureaucracy and sane investors (compared to VC from Silicon Valley).

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#24

Post by amadeuspagel »

PeterStuer wrote: post #9
avmich wrote: post #4

What are the conditions regarding creating and running a modern tech company in France, Germany, Spain, Italy in comparison with California - or Delaware? I mean, if European society - and particularly European governments, as "conscious" agents of that - wants to have better startup results, do they make it's easier to achieve from their side, do they see any problems with European modern approach which they can imp…

It is not a tech problem, not a culture ptoblem, but a monetary one. Reserve currency status and the petrodollar gives the US accrss to unlimited consequence free cash. This is why they can just treat the EU as a free research lab and buy up every promising result.

There are many recent non-american consumer tech companies like TikTok and Telegram. It's not just that the US is a unique success in tech, it's also that the EU is a unique failure and that cannot be explained with the dollar's reserve currency status.

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#25

Post by expertentipp »

AnonymousPlanet wrote: post #19
expertentipp wrote: post #17

Earlier quoted context omitted.

Nobody is forcing EU companies to use AWS/GCP/MS/Oracle, the developers and managers are eating their architecture evangelism like crackheads and listening to platform and framework influencers as if they were prophets. We have dedicated positions for managing AWS permissions and user models. Short research will easily reveal a range of EU based service providers with APIs and SDKs.

It's nearly impossible to find a company in Europe that is not completely dependent on Microsoft technology. And Microsoft is aggressively pushing companies towards Azure.

As an employee or job candidate try to object the slightest against Windows on your laptop, or Azure for services and very quickly your monthly income will approach zero. Companies are looking for specialists with ten years of experience in Windows and Azure, who will do stuff with Windows and Azure. The decision making generous for MS is happening higher up in the corporate hierarchy. Folks higher up in corporate hierarchy want to pay off their leveraged mortgages, drive BMW or Mercedes, and vacation in Santorini, they don't care about dumb computer stuff.

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#26

Post by wand3r »

A few observations: The US has the laws and infrastructure that make starting a company easy like LLCs/Incs, equity agreements & tax advantages, weak labor laws, cloud compute, accounting styles, VC money, etc. On top of that you are already in a huge uniform wealthy market with 0 need to localise on day 1. Europe (I have heard) has difficult laws around equity agreements and thus it is hard to incentivize employees or do the correct accounting. Also there is a string entrepreneurship culture in the US. Also, US poaches top talent.

Of course it is possible to do a great tech startup in Euro/UK. However, after working at a European company I can say that culture is VERY different, and that is OK! However, it makes building or running a company hard

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#27

Post by AniseAbyss »

PeterStuer wrote: post #9
avmich wrote: post #4

What are the conditions regarding creating and running a modern tech company in France, Germany, Spain, Italy in comparison with California - or Delaware? I mean, if European society - and particularly European governments, as "conscious" agents of that - wants to have better startup results, do they make it's easier to achieve from their side, do they see any problems with European modern approach which they can imp…

It is not a tech problem, not a culture ptoblem, but a monetary one. Reserve currency status and the petrodollar gives the US accrss to unlimited consequence free cash. This is why they can just treat the EU as a free research lab and buy up every promising result.

[dead]

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#28

Post by picadores »

Its just a centralization thing. All things go towards the capital of the empire. It was madrid,paris, then london - for now it is the bay area?

Europe needs to stop clinging to the milk cows of the past. The car industry is a dieing endavour, highly disruptable due to dependence on fossil fuels.

Ironically, in my opinion, eastern europe is setup much better for software. Im regularly blown away what the chech republic, poland and the baltic tigers do - compared to west europe.

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#29

Post by picadores »

k99x55 wrote: post #20

There is a misconception that innovation comes mainly from the private sector. Its the opposite: innovation comes from the public sector. "We pretend that the government was at best just in the background creating the basic conditions (skills, infrastructure, basic science). But the truth is that the involvement required massive risk taking along the entire innovation chain: basic research, applied research and early…

DARPA - and europe just does not do those challenges..

Re: CEO: Europe needs tech entrepreneurs 'whose project is not to sell' to US[video]

#30

Post by picadores »

ruairidhc wrote: post #21
k99x55 wrote: post #20

There is a misconception that innovation comes mainly from the private sector. Its the opposite: innovation comes from the public sector. "We pretend that the government was at best just in the background creating the basic conditions (skills, infrastructure, basic science). But the truth is that the involvement required massive risk taking along the entire innovation chain: basic research, applied research and early…

>"There is a misconception that innovation comes mainly from the private sector. Its the opposite: innovation comes from the public sector." Is there any evidence for this other than opinion pieces? Asking sincerely. I see arguments for both sides being the source of most innovation, but haven't seen real, valid, data-driven evidence. Granted, I haven't looked much. I have my own opinion, but want more evidence, for…

Private sector works as soon as there is demand, but the problem is that its not able to traverse large "deserts" towards new technologies. The state is better at long range exploration of not "colonizeable" capabilities pushing roots and tendrils over the deserts and mountains into new valleys.
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