Ask HN: Why is venture capital big in the US but not in the EU?

by mustafa_pasion 4/17/2024, 8:32:22 PM with 4 comments
  • by rmasonon 4/17/2024, 8:49:08 PM

    I think this nearly 100 year quote puts it succinctly:

    "The essence of American capitalism is to allow the rapid emergence of new companies, the essence of European capitalism is to do everything so that old companies do not die."

    - Léon Blum (1932)

  • by colesantiagoon 4/17/2024, 9:16:42 PM

    Regulations. Regulations. Regulations.