Facebook brought on transformation in information distribution and social discourse propagation that previously went mostly over top-down media channels.
I think it turned to be a net negative, but it was a seminal change.
There is plenty of tech innovation which heralds from Europe but comes to fruition after moving to the USA. It is not a lack of ideas or one of entrepreneurial spirit but more one of a lack of VC capital and a more stringent legal framework which keeps Europe from producing "the next Google".
I wonder if it's the appetite for tech investment that causes this.
In Australia (outside of a small enclave in Sydney) the only thing that investors know about and want to invest in is Mining (or occasionally Agriculture).
I can see the same situation in Germany: investors want to invest in what they know, and very few of them know about tech products. There's little pockets of tech-savvy investors around Europe, but on the whole there's not that many.
But California has an abundance of investors who know tech and are willing to invest in it. So it's easy to see why a Euro tech company that wants funding would migrate there.
>But California has an abundance of investors who know tech and are willing to invest in it.
Yes i think that's it, i can make a bet that more Windows Servers run in Europe than in the US, Europe is in that field (the mindset) at least 6 years behind the US and China, but some exceptions exists like Estonia.
