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You missed out on important factors like different investor behavior, consumer spending behavior, taxes, laws and regulations, national scale and language barrier, for your anecdote.

For example, if your wealthy Bavarian "Knights Templar" money investor (who probably isn't as wealthy as US VCs, but we'll gloss over that), can make more money through real estate investments, why would risk it all and take a gamble on some risky tech start-up in a country that has more bureaucracy, higher taxes, more workers' protections, smaller scale than the US, conservative consumer who still use cash, etc.? It's too risky to invest in tech here, compared to the US, even if you were wealthy investor.

Germany along with any other wealth European country, and the US aren't remotely comparable in the tech markets to draw the conclusion that because Germany doesn't have FAANGs it's because its workers can't be as productive as the US ones, when there's so may other factors I enumerated above at play that impact the tech sector.

You rant is just not a valid argument for this position.



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