| ▲ | tchalla 10 hours ago | |
US founders have essentially outsourced risk to London. > What London actually built is Europe’s most efficient farm system for US acquirers. The city does the expensive, risky work of finding founders, funding early rounds, and proving product-market fit. American companies wait until the risk is de-risked, then buy the winners at discounts enabled by London’s shrinking public markets. | ||