> The whole story is that Europe has made it very difficult for people to start a business, raise capital, innovate and get the reward for taking that risk, so

> The whole story is that Europe has made it very difficult for people to start a business, raise capital, innovate and get the reward for taking that risk, so why would anybody? This has been the elephant in the room in the EU startup world for a while. For some obscure reason, European regulators are extremely afraid of competition. The consequence is that if you have a non trivial position (even IC) at some EU startup you will usually be slammed with a few "I own everything you produce and you cannot compete with me for a few years lol" clauses on day 1. This isn't even something you negotiate, it's something you find out about when you have already left your previous job and companies assume you will put up with it. Also since the vast majority of jobs pay below 6 figures in EU and it is an increasingly expensive place, saving up a bit of money so you have some runway is easier said than done.