For years, founders in Europe have marveled at America’s ability to bolster entrepreneurship, the caliber of tech companies emerging from Silicon Valley, and the maturity of the investment landscape.
In America, failure is celebrated, seen as a mere consequence of trying to improve or disrupt an existing product or service. US entrepreneurs are known for their ability — and willingness — to tell the world about their success. Investors are less risk-averse.
Meanwhile, their European counterparts, often seen as far more humble, have been trying to perfect the art of cracking the US — because as much as it is big and challenging, the scale afforded by America’s vast customer base is something only Europeans can dream about. Indeed, making it stateside can often make or break a business.
On paper, Europe presents all the necessary elements to allow tech businesses to grow and scale — so perhaps entrepreneurs