Comment by mcv

4 years ago

Yeah, I don't think language is really the issue. I mean, it can be a barrier, but I doubt it's the most important one. I think access to money is #1. The US, especially Silicon Valley, has a culture of taking risks, of venture capital, and it has a culture of bringing people together in order to get that money in the hands of startups. Europe tends to be more risk-averse. We want to invest, but only once it's clear it's going to be a success. People are much less eager to take risks with their money, and entrepreneurs are less eager to risk bankruptcy.