No, this seems like a naive uninformed comment unless you say more.

I wasn’t clear in my comment: note that the Dutch India Company was a precursor to the EIC and there was a lot of competition between the two( among other powers). The concept of LLC was mainly invented there. The book covers these points extensively and contrast the development in Southern Europe.

The tone of your comment was unnecessarily sarcastic and confrontational.

Or just pointing out his / her opinion. Words like "bold claim" and "if I recall correctly" are hardly sarcastic or confrontational.

making absurd statements that generalizes countries based on another country's company deserves confrontation. What does Sweden have to do with a British company? seems very culturally insensitive

Sweden did have an east India company. The Chalmers university was funded by a English man called Chalmers who made his fortune in the East India company.

As with mass migration to the US, British colonization did enrich much of western/Northern Europe and opened up a world of opportunities.