Hacker News new | ask | show | jobs
by wasfgwp 53 days ago
Without Google’s funding its not obvious i DeepMind would have went anywhere.

Unless the moved to US for funding while keeping a back office in the UK.

It’s strange to expect anything significant to come out from Europe when VCs there are either very risk averse and/or don’t have enough cash to begin with. It’s not like government or EU funding can replace that since its almost always wasted or missdirected

2 comments

It’s a company containing such remarkable talent that I’m sure they would not have run into significant issues raising capital on international markets.

It’s not like VCs are only allowed to invest in companies in their own country.

Usually to maximize its funding the company would move its HQ to the US and if they are lucky have an IPO there and eventually become effectively American after a few years (e.g. Unity)
I have no idea why @wasfgwp is downvoted - it's very true. +1 on that.