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Silicon Valley won't happen in Europe for the same reason it didn't happen in New York and East Coast. It's cultural. Europe should not compete with Silicon Val
by lukasm 11y ago
Silicon Valley won't happen in Europe for the same reason it didn't happen in New York and East Coast. It's cultural. Europe should not compete with Silicon Valley by copying what's there. Europe should work on stuff that doesn't work in US e.g. Music Industry - very hostile in US, all unicorns are in Europe (Spotify, SoundCloud)
- adventured 11y agoYou mean other than Pandora, which is a successful, $4 billion company that has seen a massive revenue boom: 2012: $274m 2013: $427m 2014: $920m Pandora is obviously not a unicorn because it's public, but counting Spotify as a start-up would be equally absurd, they're nine years old.
- lukasm 11y agoGood exception that proves the rule. Startup industry is order or magnitude bigger in US, normalize and then compare.