These are not just US services. They are isolated to one specific location, where the capital of talent and finance met. There are reasons why these companies d

These are not just US services. They are isolated to one specific location, where the capital of talent and finance met. There are reasons why these companies didn't emerge in Idaho or Arkansas. Europe had its own issue at the era when the current VCs emerged: the Soviets were still there, Britain had way more people beneath the poverty line, Norway hasn't found its oil yet, etc. But we are catching up.