"A big one was that startup founders who got lucky in the early days also didn't hoard their money. They reinvested it in the next generation of companies which

"A big one was that startup founders who got lucky in the early days also didn't hoard their money. They reinvested it in the next generation of companies which really helped keep SV strong." Nor was their money taxed away. It was theirs to reinvest. Does this hold true in Europe?