[skohan]

> Why do you think US has so many big tech firms compared to Europe and other places? And why is there so much war between tech companies specifically in US?

Historical/incidental reasons I suppose. I think a lot of it has to do with a lot of the big tech giants, and a lot of VC being centered there (especially around SV specifically) so there is a lot of defensive hiring. When facebook pays a developer $250k per year, it's not only because of the value they're providing facebook, but it's because of the value they could provide a startup which could compete with facebook. By driving up the price of talent, they price startups out of the market.

Startups in Europe have much less access to VC funding, so they are less of a threat.

[908B64B197]

It's no accident.

- World class universities

- Weak/non-existent non-compete

- Better risk tolerance from VC (Can't just park the money in real-estate. Worth it to invest in the Next Big Thing)

- Higher compensation means the best world-wide come work in that ecosystem