That's a great point. Domestic market size and access to capital don't matter much for starting a business where the end-goal is single-digit millions in annual revenue. The USA is quite obviously (to me, at least) the best place to "do a startup" but there could well be better places to "start a median small business."
For the record, the discussion started with VKontakte, which is definitely not in the "median small business" category.
And let's not get started on the different possible definitions of "quality of life" ;)
> there could well be better places to "start a median small business."
In Germany, which is the prime example of the EU model in that sense, there is even a word for that kind of business: Mittelstand (https://en.wikipedia.org/wiki/Mittelstand)
> And let's not get started on the different possible definitions of "quality of life" ;)
Good point; the EU definition would probably be having a roof over your head and ample free time to enjoy the bread and games in good health ;)
This is obviously not a topic that can have a conclusive resolution. There are too many factors at play here. I believe the preponderance of evidence is in favor of starting a business in the USA, specifically in one of the major innovation hubs.
Ludicrous is the wrong word. The decision to move to the US might be rational (I sure think it is), or, like lots of other things people do when they start businesses, it might be irrational. Reasonable people could debate this without mocking each other, right?
The US is set up to achieve the maximum amount of runaway breakout successes at the expense of average of quality of life.
The EU is set up to achieve the maximum amount of reasonably sustainable business providing for a decent quality of life.
Each type of business is much easier to start on the respective continent.