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Dan Romero
@dwr.eth
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This is where the company is listed on the stock exchange, not where it's founded or HQed. US has stronger capital network effects which are largely winner take all, which is why EU companies list in the US. Example: Booking. com is listed on the left, but it was founded in Amsterdam and is still HQ in Amsterdam :)
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Dan Romero
@dwr.eth
Fair. How many additional circles move to EU if you change to where company is founded?
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not sure, but the fact that the graphic contains one error suggests it might not be very reliable
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