in my limited experience the regulatory framework is such that it's hard to expand and get all the certifications/vetting/background-checks if you're not US based
A startup I know has Chinese cofounders and it's basically a deathsentence. Investors all got spooked knowing any Chinese national has part ownership - b/c regulatory bodies are unpredictable these days
If you're in the US with owners that are US nationals the whole funding pipeline is very streamlined by the lawyer armies. If you're transnational then nobody wants to deal with that. VCs are ultimately full of very lazy people that want to have everything cookie cutter
I heard that public companies listed on NYSE valued higher than similar companies listed in other countries. So at least some investors do care about the country.
A nice fantastical theory but kind of easy to poke holes in when Google and Facebook are recent trillion $ behemoths who's employees out-earned the capital of physical companies like US Steel and the spectrum of perpetually declining ATT.
It's just conspiracy mumbo jumbo. Google was running a private airport that used to be ran by NASA, definitely outsiders lmao.[1]
"At times, Google has appeared to get more out of the deal than the government. Before the fighter jet purchased by Brin, Page and Schmidt was ready to start collecting atmospheric data for NASA, Google executives had already turned Moffett into their corporate airport, flying into or out of the airfield nearly 600 times, according to FAA records.
As the executives’ use of the airfield became increasingly controversial, NASA initially appears to have rejected their efforts to extend the deal beyond 2014. The space agency even explored the possibility of handing off Moffett Field to another government agency or a municipality. But members of the community and powerful Google allies in Congress intervened to lobby against such a move. In the end, NASA awarded a 60-year lease to a Google affiliate over a competing bid from a development firm that sought to open up the facility to more flights and outside tenants. "
The truth is simpler, whoever has money can get influence and power and use it until they lose it, and the outcomes we see are a result of these complex interactions of many actors with their own incentives.
„Not paper wealth, but physical assets like land, steel, etc…“
I’m not saying I agree but the argument was that those unicorns (or behemoths) are just managing actual wealth - which is rooted in real, physical things not made up digital „money“.
At least that is how I understood GP
Of course I did. An $80 billion yearly profit stream is not “paper wealth.” Every year they could’ve bought ten US Steel, so who is managing who?
If you don’t believe in the value of digital money, only “real, physical things”, by all means only own cars and tools, and buy your meals with gold bars.
That’s true but it’s not as controversial or incendiary as you described it
The assets are in US banks onshore, despite the master fund being in the Cayman Islands, this reality is not only palatable to brainwashed patriots, it is also tantamount to the markets that the US created and liquidity the US succeeded in doing that 2nd place trails at.
There’s clearly an association between randomly applied old-fashioned noun capitalization and conspiracy theorizing. Everybody in this scene does it, from Trump on down.
Is it just because Capitals make things seem more Important and Ominous? As in this post, where the Elites control not just paper Assets but also the Fertilizer.
Since it’s only 9am UTC, and thus still the middle of the night for the US, perhaps the poster is a native practitioner of German Noun Capitalization?
Currently the rest of the replies exist in the gamut from merely tangential to extremely obtuse misreadings, which makes me wonder to what degree LLM-driven automation is involved.
They usually are. Even a couple centuries ago, a lot of Europe’s elites back then didn’t even speak the language of their own country on a daily basis - they preferred French. The culture of their own country was often something they knew relatively little about. Also, they felt much stronger allegiance to the pan-European league of aristocrats, than to their own country. That’s the dynamics of having mega-wealth I guess.
