I didn't realise Spotify, Revolut, Wise, Nokia, and Mistral weren't tech companies.
Of course you haven't heard of some of them because you're in the US, which is still struggling with the concept of instant bank payments, paid leave, and non-lethal health care. And the gloriously unbureaucratic IRS still expects some communications to arrive by fax.
Revolut has ties to russia, and nokia wasted a lead in cellphones and is now a shadow of its former self. Spotify, yeah, you can count the nr of jobs Spotify has created and compare it with the nr of jobs google has created. Then you can count how manny spotifys are needed to make up the difference. Wake up, europe is dying and its the fault of socialism.
Why do people always shift the goal posts like this?
- Initial claim: "Europe doesn't have tech companies"
- Rebuttal listing a bunch
- "No, but look at market cap or number of jobs, it's not the same!"
Which is it, does Europe not have tech companies, or are they just smaller than the US? Because if it's the later, that's trivial to explain why - Europe is a continent where the biggest countries have less than 1/5 the population of the US. A tech company in France (e.g. Doctolib) has a significant curve to serve customers in other European countries - translation, different laws and regulations, sometimes currency, different market expectations. It's really really not comparable, and I wish more Americans have the basic logical capacity to realise that.
allegedly according to an acquaintance who works at Spotify in NYC, a significant amount of the employees transfer from Stockholm ASAP (presumably on L-1) for the higher salaries offered in the US
Of course you haven't heard of some of them because you're in the US, which is still struggling with the concept of instant bank payments, paid leave, and non-lethal health care. And the gloriously unbureaucratic IRS still expects some communications to arrive by fax.