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by tmnvdb 496 days ago
Developers are cheaper but not a lot, and regulatory costs are higher - the difference in the end in not huge. Plus: if you want to win a global market you need global talent at global wages. You need a lot of private capital and Europe does not have any.
1 comments

EU has enough capital it just works on US market cause there no unified capital market in EU. If Trump hits EU with tariffs I hope this changes.
You're right, the EU does have a lot of capital, but its not made available to European business.
It IS available to businesses, but only to those with the correct political connections.