Hacker News Reader

This is one reason why US tech will always win. Any tech company in EU or Asia that becomes big enough will be acquired by the heavily capitalized US companies or their employees will be hired away.

View on HN

Can you explain "this"? What mechanism is at play here?

The second sentence by the OP explains the mechanism. "Heavily capitalized". Finland especially is very capital poor.

Massive amounts of cheap money in public and private markets. Companies like Doordash have infinite money to buy non-US startups.

Reply on news.ycombinator.com