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A comment on Is education no longer the ‘great equalizer’?. Parent comment

Re:Is education no longer the ‘great equalizer’? by pydry on Wednesday June 23, 2021 @03:31PM (#27608967)
Europe doesn't create Ubers because it doesn't have the capital. its not to do with innovation.

VC as a model requires huge markets and huge amounts of financing. It doesn't require home grown innovation.

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Re:Is education no longer the ‘great equalizer’? by gumby on Wednesday June 23, 2021 @04:20PM (#27609730)
Europe has enormous, deep pools of capital. The culture though is to fear loss rather than fear loss of upside. Capital is deployed differently in the US and China.
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Re:Is education no longer the ‘great equalizer’? by mnouquet on Wednesday June 23, 2021 @07:17PM (#27611791)
What does China has to do with the actual conversation ?
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Re:Is education no longer the ‘great equalizer’? by gumby on Wednesday June 23, 2021 @08:17PM (#27612317)
Merely that the US is not the only one with the eagerness to deploy capital at greater risk. Nothing more than that!
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Re:Is education no longer the ‘great equalizer’? by 908B64B197 on Wednesday June 23, 2021 @09:58PM (#27613006)
> Europe doesn't create Ubers because it doesn't have the capital. its not to do with innovation.

Europe has capital. You'll find a lot in Silicon Valley.

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