1. We have a large homgoneous market where you can build a product and it’s expected it can succeed for hundreds of millions of Americans
2. EU is the easiest second market, and another step change of hundreds of millions of customers in a somewhat unified market
3. there’s not an easy 3rd economy that replaces EUs wealth, population, and comfort with English + technology
When we piss everyone off in the EU tech company growth gets kneecapped and limited to US / Canada. Theres not an easy market to expand to without much deeper focus on that specific market and its needs, for much fewer returns.
Today India invited President of EU commission on its republic day & I feel like there are discussions on signing free trade agreement.
I was in my car watching it live when I recognized the President of EU commissioner and I was like hey!!
I feel like friendly relations of EU and India are definitely on the rise & I have said this previously as well and talked to my other cousins/family who works in Coding and most agree that a deeper India-EU ties are possible.
One thing we were discussing is if EU could directly invest funds in Indian companies instead of going through 10 layers of councils/commissioning companies but to people who want to either build private solutions (Preferably open source?)
I do feel like that's inevitable too. EU's financing is something which I have heard is tricky within EU itself but there are some recent initiatives to stream line it and perhaps India can even integrate into it if its actually net positive for India.
Overall I feel like I am pretty optimistic about India EU relations (though I feel like I have bias but what do people from EU think respectfully?,I'd be more than happy to answer as I talked to my developer cousin about it for almost 2 days on how EU India integration especially in tech feels so good and inevitable haha :>)
It is so difficult we still to get a working visa into Western EU. The way this is done is by total bureaucratic nature of Ausländerbehörde.
When he was CTO from Netflix, Gaurav Agarwal Could not get a visa to relocate to Germany. (No more with Netflix)
So even of one has > €80K salary and working in Apple or MS hq in Munich it is pain in the arse.
On the other hand this is encouraging people to apply and get passports. I for one would have never naturalised as German if the residence permit was quick and easy.
In summary, there are encouraging people to migrate.
Many of people I know (or friends of friends/brothers) are migrating from America to either Europe or shifting back to India.
I don't think that America can particularly do something about it. Trust's pretty fragile.