There would need to be major structural changes in how investment works in Europe IMO. With markets so fractured, you just can’t muster the kind of capital you can in the US, so companies that get successful in Europe often end up bailing to the US to get traded for the greater availability of investment capital.
I’d love to see the EU really put up serious competition to American tech services, but I just can’t see it happening without that getting addressed first.
There would need to be major structural changes in how investment works in Europe IMO. With markets so fractured, you just can’t muster the kind of capital you can in the US, so companies that get successful in Europe often end up bailing to the US to get traded for the greater availability of investment capital.
I’d love to see the EU really put up serious competition to American tech services, but I just can’t see it happening without that getting addressed first.