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THE STORY OF EUROPE'S CORPORATE DECLINE
20 years ago, 41 of the world's 100 most valuable companies were in Europe. Now the figure is down to 15.
What on earth happened?
We take a look at this in this week's @TheEconomist cover package.
www.economist.com/briefing/2021/06/05/once-a-corporate-heavyweight-europe-is-now-an-also-ran-can-it-r...
A 🧵
20 years ago, 41 of the world's 100 most valuable companies were in Europe. Now the figure is down to 15.
What on earth happened?
We take a look at this in this week's @TheEconomist cover package.
www.economist.com/briefing/2021/06/05/once-a-corporate-heavyweight-europe-is-now-an-also-ran-can-it-r...
A 🧵
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Patrick Collison @PatrickCollison
·
Jun 4, 2021
Excellent thread. The good news is that EU tech is really starting to bloom. The underlying trend described below is part of why we’re so eager for Stripe, a European-American tech company, to invest so much in enabling the European internet ecosystem.