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A comment on EU tech sector fights for a Level Playing Field with Microsoft. Parent comment

Re:EU tech sector fights for a Level Playing Field with Micr... by moffkalast on Friday November 26, 2021 @08:12PM (#29356140)
There are some pretty successful startups like Wolt recently, but they inevitably get bought out and taken over by american captial. So there is nothing because as soon as it becomes something it's no longer ours lmao.
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Re:EU tech sector fights for a Level Playing Field with Micr... by ChuckNorris89 on Saturday November 27, 2021 @01:15AM (#29357948)
It almost like the US has so much money, it can outspend the EU at every step of the way.
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Re:EU tech sector fights for a Level Playing Field with Micr... by kkjjkgjjgg on Saturday November 27, 2021 @08:18AM (#29359937)
EU invested a billion EUR into creating a Google alternative some years ago. Naturally, nothing was ever heard from the project again. Such things happen on a regular basis. Money shortage is not the problem.

There are also many big companies, for example VW could have bought some AI startups or Uber competitors.

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Re:EU tech sector fights for a Level Playing Field with Micr... by lytefm on Sunday November 28, 2021 @04:06PM (#29373031)
> It almost like the US has so much money, it can outspend the EU at every step of the way.

Especially for startups: either buy the whole company or hire the key employees away.

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Re:EU tech sector fights for a Level Playing Field with Micr... by moffkalast on Saturday November 27, 2021 @07:20AM (#29359610)
Pretty much.
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