Europe

“We're getting to this point in the ecosystem where We have seen, you know, large companies that, you know, came to like multi-billion dollar outcomes in Europe. And then all of a sudden you have companies that come off of that from like a second generation, li…”

“I think what has shifted very much is failure culture. So I think that's something we've really very much learned from, You guys, and like by looking at, you know, the Silicon Valley more as a guiding North Star.”

“Making Europe succeed at this sort of core value proposition, which I think is something that is Amazing, and something that Europe is really able to excel at versus consumer, where we were just not as strong because our market is so much more heterogeneous”

“I think the US works very well on a transactional front, because it's less considered a fallacy, or less considered a, you know, something odd to just walk up to someone and discuss something new, right? In Europe, you would be, maybe, except for Italy, people…”

“France went from the worst startup environment in Europe to the best in just five years. State of uniform unicorn growth is the fastest there”

“That means that Europe, the Middle East, big parts of Latin America, big parts of Asia, it will be at a minimum legal to buy, sell, send, and receive Bitcoin.”

“And the second thing for India, any problem is a problem at scale that you're trying to solve, right? I talked to my friends in Europe, and they're looking at a total addressable market, number of people they want to have an impact. The entire country's popula…”

“25 years ago, if you did a list of the 50 biggest tech companies in the world, like a pretty significant number of them were European. It's like, I don't know, probably 15 of the top 50 or something. You know, today you're basically down to Spotify which is gr…”

“The consequences of stopping nuclear power 50 years later, you know, it's just been, it was just like a catastrophic mistake. You know, geopolitically, it's directly connected to Russia's invasion of Ukraine. Europe is effectively funding Russia to invade Ukra…”

“The biggest difference between America and Europe today is we allow creative destruction. They try to impede it.”

“And one of the biggest problems in Europe, in private equity business, in acquiring businesses, Is that when you're looking at a business, and you look at the number of people who work there, And often it's twice as many people as you would have doing the same…”

“When we were building PayPal, I was a kid there Eliot Spitzer kept trying to destroy the company with regulation, and he came very close to doing so, and in Europe, there actually were companies that, that were destroyed by the regulators, so it's funny, like,…”

“And then, by the way, the US is benefiting a lot, because Europe has basically made AI illegal. Like, they're regulating themselves to death. And so, the smart AI people in Europe are moving to the US.”

“No, all the European regulation, they're not starting tech companies anymore that are big because they make it too hard.”

“70% of the funds that the U.S. Sent over to Europe in the Marshall Plan were used to purchase U.S. Goods and services.”

“Which is what happened to Europe, by the way, is they don't realize they're the poorest relative to all of our states because we've just been growing so much faster for the generation.”

“They funded the green parties, they funded the protests, and they turned off fracking in Europe because it's so good for the environment. They tricked everyone because obviously they don't want competition.”