The VCs can hop on a plane and invest the money in the EU, if they think that’s what makes them a profit.
True, but I suspect that the VCs don’t like the EU rules…
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.
More than that, the real advantage that US people have is that bankruptcy is not see the same way, in US is handled almost as a normal thing if you try to build something while in EU is seen almost as a stigma.
What probably stops people in EU is that normally if you try and fail you almost never have a second chance.
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.
True, but I suspect that the VCs don’t like the EU rules…
More than that, the real advantage that US people have is that bankruptcy is not see the same way, in US is handled almost as a normal thing if you try to build something while in EU is seen almost as a stigma.
What probably stops people in EU is that normally if you try and fail you almost never have a second chance.
No, it is not a good idea, I agree