Laffont Says Founders Should Head to the US, Not Europe

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Coatue Management Founder Philippe Laffont says the reason why many of the world's biggest and most influential technology companies were founded in America is because potential backers are more willing to invest and understand the risk. In an interview with David Rubenstein for an episode of "Bloomberg Wealth," Laffont says it's much harder to raise money in Europe. This interview was recorded June 25 in New York at the Bloomberg Invest Summit.
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Knew a French woman who started a bakery in the USA-she said there was too much bureaucracy to start a business in France.

SK-ltso
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Europe is a story of the past. Living off legacy tourism and luxury branding, period!

palashrawat
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God bless the USA. The land of the free and home of the brave!!! America is the last hope of free people and enterprises!!

ghl
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Why? London is the best city in the Western World.
The rest of Europe, not so much.

ciaronsmith
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Head to the country that's heading to fascism? Yeah, no…

aceyage