• General_Effort@lemmy.world
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    1 day ago

    The VCs can hop on a plane and invest the money in the EU, if they think that’s what makes them a profit.

    I know some people that regulations should be changed so that European banks can make riskier investments and do VC funding. I don’t see why they would invest in Europe and not in the US, like anyone else. They are all chasing the same profits. European VCs can hop on a plane to Silicon Valley and dump the money there.

    I don’t know if deregulating banks is a good idea. I’m skeptical because I remember the 00s. But I don’t have the qualifications to judge.