[dmitriid]

> On the other hand, this seems like an easy way to avoid addressing Europe's lack of it's own tech industry.

The only reason the US has its tech industry is:

- lax laws for everything: from data protection to labor laws

- unlimited investor money that can sustain unprofitable businesses for decades Most of the top HN darling have never been profitable, and have been losing billions of dollars for years. The rest haven't been profitable for most of their existence

On top of that it helps to have a huge largely homogenous market