a cursory understanding of the subcontinent's abysmal venture capital ecosystem and bloc wide risk aversion would have anyone reach the same conclusion
Because the European ecosystem is a joke for reasons that are dumb
and this is a symptom
There’s nothing to say when the party does an investment thats their system they have total control in a state capitalist society that raised their population on marxism
And the US ecosystem is diverse to have relevant purpose built vehicles doing private investments, in conjunction with various public market operations by the state
Somehow people are only upset when Europeans dare to do the same.