Many people in Europe have been looking at what YCombinator is doing and how they are doing things. There is no less creative and hacking talent in Europe than

Many people in Europe have been looking at what YCombinator is doing and how they are doing things. There is no less creative and hacking talent in Europe than in the States but certainly a lack of entrepreneurial spirit and the infrastructures and environment favorable to the emergence of top notch startups. Nevertheless it is well worth trying! I tried to contact PG a few months ago on the subject of getting YCombinator to participate one way or another in such a scheme in Europe with no success. The YEurope rip-off does not reflect well indeed on such endeavors but you can be sure that other will emerge and hopefully turn some ventures into successes.