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by tilt_error
1185 days ago
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There is also a language factor here. 100 years ago, English was not the ‘lingua franca’ of the world, traveling in Europe you were better off with French, German or even Latin. US marketing currently happen to be understood almost everywhere and native speakers of English have an advantage. A company does not necessarily need to execute better, but through effective communication they may be able to pretend they are. There are lot of examples of ideas being picked up and reimplemented in the US, where the original was better but where the adaptation got better traction. The film industry is full of it. Why should ingenuity not be evenly spread around the globe as well as hopes for a better future? The US represents one particular policy for wealth distribution that happen to work well for, in particular, VCs. |
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