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by kuschku
3873 days ago
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> There is nothing to back up your claim that they are more resistant to a down market. How many European social networks are left? How many European transportation companies are in the US? The list is long of american companies dominating the markets in the EU not the other way around. Great, so companies based on making billions of losses a year were able to buy competitors that had to make profits. That is more a sign for Silicon Valley being yet another investment bubble instead of a sign for SV somehow being "better" |
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I am pretty critical of ubers methods but thats not what we are discussing here. Uber is just one example out of many american companies that challenges legislation to disrupt an industry. European companies don't do that and thats one of the reasons why there are no European uber, airbnb etc.
You can think thats a good thing but thats not what we are discussing here.