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by kolinko 2998 days ago
I sadly have to agree with you. Regardless of how much we (Europeans) unify the law, the language barrier will still be there for a long time :(

Having said that, in many cases language is not that big of an issue - for example, if you're doing software as a service, or mobile apps, doing them in english, gives you access to the global market from the day one.

An interesting case is Fintech/Crypto - over there it makes a big difference where you begin, US and EU legal/financial systems being so different. In US, you have the advantage of the language uniformity, but in EU, arguably, the law is much more uniform between the countries - if you get a financial license to run in one of the countries, it allows you to operate in all of them. Also, the laws are uniform, although their execution isn't.

Where US really shines is anything physical (e.g. consumer electronics), and anything local (AirBnB, Meetup.com, and so on) - with these, people expect the service to be in their local language, but I feel it's less and less every year.