There is startup activity in the US because there is enough capital to fund it. Getting funding for a startup even in pretty rich countries in EU is more difficult by an order of magnitude.
There is startup activity in the US because there is enough capital to fund it. Getting funding for a startup even in pretty rich countries in EU is more difficult by an order of magnitude.
It’s not just funding but also bankruptcy laws are written in a way that encourages entrepreneurship, while not being overburdened by regulations