Yes, that's because those big American corporations have found it rather hard to roll out effectively in Europe due to multi-lingual, multi-currency and multi-cultural issues.
You're answering why American invest in those European start-up, but my point was the lack of exits not involving American companies. The number of IPOs of European startups is really low compared to the US.
That's because usually long before an IPO opportunity rolls around there have been a lot of feelers from US based companies looking to buy market share.
This is one of the reasons why I am worried that GitLab will end up selling to a US based company. Time will tell if they hold strong, if they do I'll be sure to buy stock in their eventual IPO just as a reward for showing that a US exit is not the only avenue available.
I can't talk about every European countries, but this comment offers a really shallow analysis of the late stage funding situation regarding France at least.
The differences between France and the US, in terms of Culture, wealth distribution, financial and fiscal environment, country size (& heterogeneity of the European market) are really important factors, much more than “the American always shoot first”.
I can't talk about every European countries, but this comment offers a really shallow analysis of the late stage funding situation regarding France at least.
And your comment shows that you probably missed that the conversation had shifted away from France in particular. GitLab is Dutch for example.
The differences between France and the US, in terms of Culture, wealth distribution, financial and fiscal environment, country size (& heterogeneity of the European market) are really important factors
Yes they are. For one, French - very capable - possible entrepreneur will be the last to see themselves succeed independently, they will jump t the first opportunity to work for some crap salary for a large company who will then make lots of money over their life's worth in contributions. And if you're lucky you too will get a golden pen on your day of graduation: the day you get to collect your pension.
And as for Americans shooting first: for all the flak that the Samwer brothers get for copying American concepts in Europe, there are plenty of companies in the United States that came late to the table. Facebook isn't the first social network, it just executed better and with much more capital, and there are many other examples besides.
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Yes, that's because those big American corporations have found it rather hard to roll out effectively in Europe due to multi-lingual, multi-currency and multi-cultural issues.
You're answering why American invest in those European start-up, but my point was the lack of exits not involving American companies. The number of IPOs of European startups is really low compared to the US.
That's because usually long before an IPO opportunity rolls around there have been a lot of feelers from US based companies looking to buy market share.
This is one of the reasons why I am worried that GitLab will end up selling to a US based company. Time will tell if they hold strong, if they do I'll be sure to buy stock in their eventual IPO just as a reward for showing that a US exit is not the only avenue available.
Hi GitLab employee, I can assure you we won't sell out, Sid our CEO is very adamant about going public in 2020 and we're currently on track (actually ahead of it wooo) https://about.gitlab.com/handbook/being-a-public-company/
Also FYI, Sid is Dutch but we're registered in the US, although our entire company is remote :)
I can't talk about every European countries, but this comment offers a really shallow analysis of the late stage funding situation regarding France at least.
The differences between France and the US, in terms of Culture, wealth distribution, financial and fiscal environment, country size (& heterogeneity of the European market) are really important factors, much more than “the American always shoot first”.
And your comment shows that you probably missed that the conversation had shifted away from France in particular. GitLab is Dutch for example.
Yes they are. For one, French - very capable - possible entrepreneur will be the last to see themselves succeed independently, they will jump t the first opportunity to work for some crap salary for a large company who will then make lots of money over their life's worth in contributions. And if you're lucky you too will get a golden pen on your day of graduation: the day you get to collect your pension.
And as for Americans shooting first: for all the flak that the Samwer brothers get for copying American concepts in Europe, there are plenty of companies in the United States that came late to the table. Facebook isn't the first social network, it just executed better and with much more capital, and there are many other examples besides.