[lossolo]

You wrote:

> Europe doesn’t have a stellar record when it comes to high tech startups

Which automatically implies that you were talking about non-EU tech companies leaving EU because of GDPR and EU startups filling their space. And now you fail to see how this will make more likely succeed EU companies? What?

I think you fail to understand what the point of my argument was. It doesn't matter if this will be EU founder or US founder or XX founder, if there is a void it will be filled, doesn't matter who will fill it. This is an axiom describing the free market.

> onerous regulation

I am conducting online business in EU handling personal data and I don't find it onerous at all. Adding to that as EU citizen I am happy that this regulation was introduced in EU law system.