[Knufferlbert]

I don't think those reasons are true for the "lack of entrepreneurship". I'd love to know some numbers actually, I know EU doesn't have as many unicorns like Uber, Google, Amazon, etc. But that is a tiny amount of people who started those (and now employ a staggering number of people).

I think there are two reasons why that may be: - Generally larger regulatory barriers. GDPR is an obvious recent one, but also market complexity with EU countries regulations/laws differing more than US states. I think (without knowing). That coupled with "first to market" advantage of US companies. - Money isn't as big as a driver for Europeans. "Rags to riches" is a pretty American thing. "Get educated and live well" is closer to our lookout I think.

[pnutjam]

Until recently, I don't think you could start a company and reach the entire EU area. Can you now?

In the US, any person has access to consumers all across the US. I think this is a big part of the success of US companies.