Europe is ruled by rich nepotist families and unelected corporatist cronies killing startups
This comes down to Europe actually being ruled by rich nepotist families who own the big private corporations here
They have access to the government, well in fact, they're pretty much infilitrated into the government
Startups don't
This isn't some crazy conspiracy theory
If follow the people behind the anti-tech, anti-AI and pro-censorship regulation it's all people like Thierry Breton who spent his whole life in the corporatist cliques of France
The European Commission especially is an unelected clique of corporatist cronies with no interest for startups, in fact looking at the regulation they pass they are fully AGAINST startups
Because startups are a threat to the existing incumbent corporations that control Europe
The silver lining of Europe absolutely failing at tech due to all its overregulation is that these people will be forced out because it will run out of money, only get poorer, and Europeans won't accept this state for much longer
I for sure don't
P.S. I'm on 𝕏 too if you'd like to follow more of my stories. And I wrote a book called MAKE about building startups without funding. See a list of my stories or contact me. To get an alert when I write a new blog post, you can join 13,143 subscribers below: