There is startup activity in the US because there is enough capital to fund it. ... | Hacker News

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		matusp 6 months ago \| parent \| context \| favorite \| on: AI adoption linked to 13% decline in jobs for youn... There is startup activity in the US because there is enough capital to fund it. Getting funding for a startup even in pretty rich countries in EU is more difficult by an order of magnitude.

nxm 6 months ago [–]

It’s not just funding but also bankruptcy laws are written in a way that encourages entrepreneurship, while not being overburdened by regulations

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