Comment by wbl

Comment by wbl 2 days ago

5 replies

No, the national champions model is the problem. If Apple failed the US still has Android and potentially many other startups. Europe just doesn't have the risk capital or ecosystem.

openrisk 2 days ago

Yes, but now it doesn't even have national champions. The last one standing with some pretense at being still with the times is probably ASML.

One wonders whether at any point anybody will ask any tough questions about where Europe is heading as far as technology goes.

  • CalRobert 2 days ago

    Lots of people are. The answer appears to be “down the drain”.

  • fire_lake a day ago

    People forget that for a long time ASML was government backed

  • lotsofpulp 2 days ago

    I would put Novo Nordisk up there too. Not sure how Eli Lilly is doing so much better though, which I presume for both is due to advancing GLP-1s, but I thought Novo was first to market.

PeterStuer 2 days ago

Which is exacly why Finland should have blocked the MS deal. Nokia was a HUGE percentage of Finland's GDP.