alt Hacker News>It's sad to see the European continent lost the race to create a decent startup ecosystem
What's ironic and sad at the same time is that pre-2022 Russia's Yandex(domestic Russian variant of Google) was lightyears ahead of what EU, a significantly richer and more capable block, had. IIRC, their reverse image search was so good, they had to nerf it because people were using it to find the identity of people from photos.
Same for Israel, their tech sector is probably greater than the EU one combined
Absolutely shameful how the EU kept managing to snatch defeat from the jaws of victory over and over.
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Not surprising. All the Yandex people that moved over to here to the Netherlands that I know of are astounded about the insane difference in the tax burden between what they had in Russia and what they have in Western Europe (when their 5 year tax discount ends, that is). If the government takes the bulk of your income after a certain point, there isn't really that big of a push to create ground-breaking technology.
Frankly, being Russian myself, I'm also very disappointed by the state of tech in Europe.
But you know what hurts the most? That I know it wasn't always that way.
I'm sitting right now in the same country that invented the Minitel, built out the TGV network and the Grands Projets, and don't even get me started about the weird and wonderful machines they've got in that museum in Mulhouse, hell, you could go back in time to Gustave Eiffel. Industry and ambition used to be here. It was almost physically painful to discover that it seems to be gone now.
I think much of that is because European customers (both private and business) tended to prefer American suppliers over suppliers from European countries that were not their own. That may have something to do with most people in IT being quite fluent in English, while European products were all-to-often half-heartedly translated from German/French/Spanish/Polish/Italian/Ukranian.
In many cases, well-established and well-liked European services have been supplanted by American counterparts that came later and were not really better in any way. They did usually have much more money to burn though, undercutting pricing until competition was dead.
I'm speaking in the past tense, because now for the first time in the couple of decades I can remember, there seems to be a somewhat commonly held preference for European suppliers.