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by tajen
3292 days ago
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What do you think about France? It looks like a good, first approximation of your proposal, many people defend worker-owned businesses here, "service public citoyen" (public benefit corporations), it's difficult to amass wealth (the only rich are from inheritance) and would unionize the hell against powerful corporations if Apple were born here. Drawback: We don't have Apple, we have DailyMotion and people don't aim to become huge enough to compete against Silicon Valley startups. I don't like being entrepreneur in this context personally, but the startup ecosystem is thriving in Paris and Lyon and I sure hope the current generation is about to issue some major players. I personally fail to see how they can be profitable with our tax levels, social obligations and regulations, but it may happen. List of hot startups in France: http://www.eu-startups.com/2017/02/10-french-startups-to-loo... |
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From a startup perspective, I think complex regulations are a bigger impediment than taxes; any company that starts as a couple people in a garage shouldn't have to be experts in corporate law in addition to whatever problem they're trying to solve.
I expect in order to have a successful environment for startups to happen, you need network effects of smart people congregating in one place and be a place where creative people would want to live. Having good universities really helps. It seems like France should be able to supply those things, but as I said, I don't have specific recent knowledge about what France is like these days.