Also yes, because it's easier to start in a jurisdiction with sane laws and bearable tax burden, none of which is available in the EU. EU is indeed drowning in mind boggling bureaucracy.
Source: am a startup in the EU.
Source: am a startup in the EU.
Say, at-will employment exists in California and that's just one simple example off the top of my head.
In Germany, an employee is near impossible to fire.
https://wallethub.com/edu/best-worst-states-to-be-a-taxpayer...
You also want to consider what your taxes fund – for example, a startup founder probably benefits from proximity to two of the best university systems in the country and the better quality of life means you get more top people in your employee and networking pools. The ultra-rich are going to leave but a founder who isn’t already in the top income bracket is making an economically rational decision.
Just look at how many software patents the EPO keeps printing.