[zarzavat]

The thesis of the article is broadly correct but the reasoning it uses to get there is questionable.

Every country has its quirks. The US has a very high cost of living and consequent high salaries. No wonder it’s important to be able to fire workers quickly. The high wages are also more than balanced by the amount of capital available.

In Germany it’s harder to fire workers but they also get paid a fraction of their counterparts in the US, so there’s not such a rush.

I wouldn’t start a startup in Germany either, because of the insane dysfunction of German bureaucracy. The money is not even a factor when dealing with the system is already such a pain.