Yawn. The only major thing we're lacking in Europe is venture capital. All the other cultural differences (which aren't "European" but vary wildly from countr

Yawn. The only major thing we're lacking in Europe is venture capital. All the other cultural differences (which aren't "European" but vary wildly from country to country), are red herrings Americans and European self-haters like to emphasize. But in reality we a) learned to work with them a long time ago, otherwise we would never have been economically successful, and b) those differences are strengths as well as weaknesses in equal measure. Yes, the lack of a barrier-free "single market" is also a bit of a pain, but the biggest issue here is language and culture, not laws and regulations, and that's not going to change any time soon. So there's no point on dwelling on it, it's like complaining that the climate in Norway isn't suited for growing bananas. In reality there are lively start-up scenes all over Europe, with more than enough entrepreneurs willing to take risks, more than enough smart people with innovative ideas, and more than enough people willing to work for them. The one and only thing that is truly missing is funding, funding and funding. The investment culture is the only place where there is a suffocating risk-averse attitude. (And most of those anecdotes about how stuffy and risk-averse European culture is are bullshit outliers. I can dig up a ton of totally true anecdotes about the US and make American culture look completely fucking insane. It has nothing to do with the day to day reality of living and doing business on either continent.)