Europe does not have a monolithic culture. As far startups go it has much less to do with culture or hype but with the fact that Europe even with the single ma

Europe does not have a monolithic culture. As far startups go it has much less to do with culture or hype but with the fact that Europe even with the single market has far more localized and ring fenced markets than the US. So you end up with smaller overall markets with a well dug in established competition.