Yes, as I have already said, I see it exactly the same way. Start-ups are bought in order to expand the business field or to gain an advantage. These companies can do whatever they want because they have the financial resources.
If a European company shows any technological progress, it is immediately bought in the early stages of its development. I believe that, as you rightly say, it will be difficult for the rest of the world to keep up.
Data protection and regulation in Europe partly prevent growth and progress and people are only looking at how to cope with the administrative burden of bureaucracy. Every entrepreneur will probably agree with me here.
As you rightly say, this is the reason why the USA and its big tech companies will continue to be their driving force and you probably can't go far wrong when investing in these companies. ✌️
If a European company shows any technological progress, it is immediately bought in the early stages of its development. I believe that, as you rightly say, it will be difficult for the rest of the world to keep up.
Data protection and regulation in Europe partly prevent growth and progress and people are only looking at how to cope with the administrative burden of bureaucracy. Every entrepreneur will probably agree with me here.
As you rightly say, this is the reason why the USA and its big tech companies will continue to be their driving force and you probably can't go far wrong when investing in these companies. ✌️
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@BamBamInvest I can only endorse that 100%. I agree with you exactly.
Even SAP, the only truly global IT company from Germany, only spends a fraction on research. In 2023 it was 6 billion. That's what Amazon spends in a month 😂
Even SAP, the only truly global IT company from Germany, only spends a fraction on research. In 2023 it was 6 billion. That's what Amazon spends in a month 😂
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