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Comment by fifilura | Hacker News Reader

It matters who owns the company. Where your employees come from matters much less.

As long as there is no investors from Europe, these startups will just be a money funnel to America.

It's actually not just funneling money if the company gives jobs to people in the country as well, paid with the sales of the product sold worldwide. Everyone knows US is where business is done, but it's not like money stays there and never leaves the country. It would make no sense at all if that was the case.

And companies here (in eu) would immediately create a competitor. As long as we both "eat" we're friends.

Isn’t that naturally a function of who owns the most available investor money globally?

Also risk appetite.

Note specifically, my emphasis.

"alongside new backers Cherry Ventures and European Tech Collective"

Invest then?

It’s not listed.

It doesn't have to be, notice how they already have investors despite not being listed.

You’re right. Let me break open my kids piggy bank and grab a few million.

Americans on HN acting like they have an ownership stake in what their ruling class owns is as much a classic as Europeans coping with having no efficient capital markets.

To be fair many of them do have at least a small ownership stake in what their ruling class owns, since their pensions are invested in the public markets as well as, to a more limited extent, VC and PE through various funds and stakes held by public companies.

Euro pensions are also invested in the American stock exchange... Ownership in global markets is a complicated thing, no doubt the US is both significantly richer, and has a lot more levers to pull. But if things really go down hill (eg. the trans-atlantic relationship breaks down), I doubt the bottom 95% in the US will be better off than the bottom 95% in Europe.

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