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Comment by 094459 | Hacker News Reader

The EU tech companies only have themselves to blame in my view. I’ve been working in tech for over 30 years and it was precisely those EU tech companies that created crap products and treated their customers like crap, that made consumers and businesses look elsewhere. I have very little sympathy I’m afraid as if I’m a business or even providing public services I want the best products, support and customer service. That is all it takes to compete, so let’s see some EU tech companies stop whinging and start serving customers with amazing products and even better service. I’ve seen it in pockets, so I know the potential is there.

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You should remember browser wars, PHP vs. ASP, Oracle vs Server, on and on and on. I am not saying I took already side with this statement. But I know enough about how Microsoft sneaks in the check under your glass when you are not looking.

The biggest dick move currently MS and Amazon is trying to pull off for example is forcing IoT world into OPC foundation together with Rockwell Automation which is originating from EU mind you.

There are absolutely better tools from EU and APAC (and from US too) etc. and if we follow your argument some IoT provider has to build a full cloud offering, compete with GCP, AWS and Azure just to earn the right to exist. That is not how leverage works. So in that sense, they are just pushing every service in your face just to install Windows to your own machine which you bought with your own money.

The statement doesn't ask for favors, it asks for level playing field.

On top of that you can add the ~40 years of tech industry brain drain from compensating their employees so poorly versus what US companies were/are willing to do.

The only thing that can build out a competitive EU tech industry is US venture capital, which will put down the enormous, very willing risk capital required to dramatically alter the landscape permanently. As US venture capital floods that market and spikes salaries, there will be no going back (most likely). That transformation process may be underway at present judging from US VC interest in Europe. The only other venture capital on the planet comparable in capability and scale is in China. If it's just left to EU VC, it'll take forever.

Heh, that’s an interesting thought. Could US VC capital do that? It would imply that EU tech companies are currently undervalued.

Aren’t there tons of legal paperwork to go through, and why would the EU be attractive to those investors?

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