there is VC money in Europe, especially in Stockholm and Berlin. But it is pittance compared to the VC money in silicon valley > You need to print the paper th

there is VC money in Europe, especially in Stockholm and Berlin. But it is pittance compared to the VC money in silicon valley > You need to print the paper that runs trade to have that kind of money to throw around. I see what you are getting at, but I am not quite sure it is correct. The money that fuels silicon valley VC mostly come from big financial institutions who are backed by investments, mostly pension funds and real state mortgages. Not by petro-dollar fuelled subsidies from government. Although this could have been what triggered the valley to grow so fast in the 70s and what we see today is just a consequence. I believe that this is also the reason why the VC money in the US is so concentrated in a single location and so dispersed in Europe. Capital flows freely in the US while in Europe capital movement was a lot more constrained historically due to different currencies and fiscal policies. I suspect that this is the same reason why tech in China is all in Shenzen But I am not familiar enough with the economics of the valley so I could be wrong on my thinking.