[hnu123]

> This is visible in the very healthy deep tech industry in Europe.

How can it be deep if new ventures find it difficult to secure funding? If you can't continually grow new companies, you can't develop much depth.

> whereas American companies seem to be much better at creating consumer facing technology.

America's B2B tech sector is just as dominant.

Europe certainly has the population and wealth to be a major tech player, but they've underperformed.