We should celebrate private companies in Europe more. Eg LIDL With stock markets fragmented into little countries the incentive of going public is smaller. But eg Lidl (Schwarz Group) has comparable revenue($180B) to Home Depot($170B), has profit($16B) comparable of Walmart ($19B), and a customer follower that could qualify them as religion. I got AC in my office so i never understood the meme as much but yea AC is good. But shittalking Europe on retail where we are worldclass is crazy. Lidl and Aldi alone will roll up the US. H&M and Zara already did years ago. Imho: Every US person will join the religion. They already did with trader joe which is Aldi undercover. Lidl is the purified cleaner version of that. I don’t want to talk about it too much to avoid an euphoric recall reaction.
Patrick Collison
Patrick Collison27.7. klo 05.35
@levelsio I just noticed that Home Depot's market cap is greater than that of than any EU company. So you could say that a vendor of air conditioners is worth more than any company in Europe... 🙈
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