Comment by xvector
5 days ago
You simply cannot dismiss the omnipresent differences in American and EU mindset/culture as playing a role in each country's entrepreneurial success and ability to build and scale innovations.
There is a huge culture difference: Having spent time in both countries, an entrepreneurial spirit is valued far more in American culture and is far more present than in the EU.
I don't disagree (apart from the fact that the EU is 27 countries, not one).
Which countries did you spend time in?
I would still maintain that the reason the US is more entreprenuerial right now is because it's easier to get capital (particularly for tech focused businesses). Now, some of that is because of previous tech exits, some of it is culture but to maintain that the differences in capital don't have a large impact is also pretty reductionist.