Dutch living in Colorado. You can spin stats any way you like. But if you look at the last few waves of companies. Machines for making chips, manufacturing chips, designing chips, search, social, mobile, AI.
If this was a soccer match the score would be 10-1 (yee ASML). Not only that the winners in these industries tend to compound and grow.
There are many great things about the EU, that are outside of this competitive ecosystem. But I don't think sticking our heads in the sand is really a great idea.
Imagine you have a SAAS app. Microsoft and Apple are customers. You have a table of devices. Type is either windows or osx. How does postgres know how to handle the query devices, where type = OSX properly? How does it know that this matches ~0 or ~100 of rows depending on the customer?
This is the main thing the planner doesn't handle well. Postgres was built before SAAS was as big. You have different distributions per customer, and thousands of customers. In most cases the query planner will guess right, but sometimes it will fail and scan millions of rows.
Google, Spacex, several startups are all doing this. The best people in their fields think it might be viable. I'm skeptical as well, but you do wonder if maybe they are right and how exciting that would be.
Back in the days, I did the first 2m in ARR at Stream myself, it was kinda hard :)
Nice to have a team in place these days, but I still show up for the largest deals to support the team as needed. (140 person company, i think this always stays part of the founder tasks)
10 years ago we started out with Python. We switched to Go probably 8 years back. I think my little startup would have utterly failed without Go. Thx google :)
But yes Enums are so much nicer in Kotlin vs Go. That's true, it doesn't impact productivity much, but he has a point.
Well.. there are many fast growing companies that provide UI + APIs for certain components of your app. Sure you can build things easier in-house, but the opportunity cost of doing so also went up. Supabase, Stream, Clerk, Stainless all growing very well.
But you need: a staff level engineer to guide it, great standardization and testing best practices. And yes in that situation you can go 10-50x faster. Many teams/products are not in that environment though.
Tend to agree here. The slowdown here has more to do with the financial ecosystem. IE less capital available for some companies, higher salaries and a changed approach to work.
The title here mostly doesn't match the article right? Quote: "But unlike the capital growth tax, capital gains tax will, in principle, only be levied at the time of realisation. This is usually when the relevant asset is sold, but also when immovable property exits Box 3 for another reason, such as emigration."
If this was a soccer match the score would be 10-1 (yee ASML). Not only that the winners in these industries tend to compound and grow.
There are many great things about the EU, that are outside of this competitive ecosystem. But I don't think sticking our heads in the sand is really a great idea.