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0 pointsinsuffi11y ago0 comments

I don't see how you refuted my point. Have you tried anywhere else? Did Musk?

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I'm not sure Paul actually even meant that; but in my mind the difference is pretty simple:

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.

paulbaumgart11y ago

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" ;)

mtrimpe11y ago

> 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 ;)

paulbaumgart11y ago

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.

insuffiOP11y ago

I agree with you; tech hubs are extremely important, which is where Europe seems to be lagging behind.

I just think the reason they ARE lagging behind is because US is considered the default country to go for starting a business, without second thought.

EDIT:I should probably clarify - I meant the US is viewed as the best, hypothetically, not necessarily implying action.

happyscrappy11y ago

The idea that Europeans uproot their families and move to the US without a second thought is quite unlikely.

Edit: changed to unlikely.

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mtrimpe11y ago

I'm not sure Paul actually even meant that; but in my mind the difference is pretty simple:

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.

paulbaumgart11y ago

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" ;)

mtrimpe11y ago

> 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 ;)

paulbaumgart11y ago

insuffiOP11y ago

I agree with you; tech hubs are extremely important, which is where Europe seems to be lagging behind.

I just think the reason they ARE lagging behind is because US is considered the default country to go for starting a business, without second thought.

EDIT:I should probably clarify - I meant the US is viewed as the best, hypothetically, not necessarily implying action.

happyscrappy11y ago

The idea that Europeans uproot their families and move to the US without a second thought is quite unlikely.

Edit: changed to unlikely.

1 more reply

j / k navigate · click thread line to collapse