[DoingIsLearning]

> why are European and Korean companies so bad at attracting investments and making money.

- Taxes

- Bureacracy

- Smaller local markets (with less purchase power and more risk averse)

- Harder access to bigger markets (US, China)

- Extremely conservative local market VCs

- US VCs are unlikely to invest in EU/Korea unless the company is incorporating in Delaware or something equivalent.

- Talent is more risk averse, tends to prefer to stick around larger MAMAA companies or emigrate rather than risk running out of runway in a startup.