Re:Can the EU become another AI superpower?
by raverbashing on Saturday September 22, 2018 @03:00PM
(#18047442)
What does VAT has to do with it? VAT (as sales tax) is on the buyer.
Yes, in the US you can have something like 5%/10%. But it's not the main price determiner.
Also several company regulations don't exist for companies < 50 employees. Same as the US/Canada
I believe entrepreneurial and investment culture is a more important drive of innovation and startups than regulations. And yes, fewer people will give you an Angel investment in Europe for a murky business plan, while in the Valley you might get 100k for showing something in your laptop to an Angel over coffee.
Yes, in the US you can have something like 5%/10%. But it's not the main price determiner.
Also several company regulations don't exist for companies < 50 employees. Same as the US/Canada
I believe entrepreneurial and investment culture is a more important drive of innovation and startups than regulations. And yes, fewer people will give you an Angel investment in Europe for a murky business plan, while in the Valley you might get 100k for showing something in your laptop to an Angel over coffee.