Yes. As someone who has worked with 100+ funded start-ups, roughly 85 in USA and 15 in EU - the EU ones have such a harder, trudging climb due to regulations.
> Good. I would hate for my country to become like the USA.
Yeah, there's a whole lot of American exceptionalism going on in this thread, assuming the way things are done over here in the states is the best and only way. I live here and let me tell you, it's not. Just the fact that we have gigantic tech monopolies with more money than several nations combined is proof of that - that's not a thing that should ever happen.
Things are pretty dire right now in the US, but to understand that... it's complicated and I don't think you can blindly reject everything from how things are done in the US. They all have to be reasoned about individually and as part of a bigger system.
After having lived in Italy for years, there are some real upsides to being an American customer. Returning stuff that is genuinely not right in some way to a store in Italy is a huge PITA. Here? "I'd like to return this half-eaten thing of salsa, Costco" "sure, no problem!". Italy: "sorry, but grocery stores close on Wednesday afternoons and Sunday? Forget it!". That has subsequently changed, but it blew people's minds who weren't used to it.
I could spend a lot of time comparing the relative benefits and drawbacks of both countries.
The US has a lot of good things going for it which is what makes what is happening now all the more heartbreaking.