It's money. No one in Europe has been willing to front the vast amounts of investment capital that get put up in the US. We've collectively been freaking out ab

It's money. No one in Europe has been willing to front the vast amounts of investment capital that get put up in the US. We've collectively been freaking out about state finances non-stop since 2008 and imposing various fiscal straight jackets on ourselves (except for where it comes to free money for wealthy pensioners which is apparently an unstoppable force of nature at this point) I think in general it's also the case that in Europe and the UK, technology has been a very upwardly mobile career path with many people who end up with good incomes but no familial network to fall back on and not accumulating any personal wealth or stability until they're already considering retirement. This basically means technologists in Europe are not empowered to be entrepreneurial as bootstrapping is impractical around full time work and the investment often isn't out there.