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by ocb 4299 days ago
Perhaps the US has stronger entrepreneurial culture? I've seen this discussed before.
2 comments

That's not the case. Entrepreneurial culture is there in Europe even though there are many bureaucratical barriers.

US startups have at least one very important handicap: over 300mln people speaking the same language. On

For Europeans it's a very strong growth barrier, we can easily grow within one country, but then we hit the wall.

I would not call a 300 million people speaking the same language a "handicap" for the US startups. It's more of the opposite.
This is the correct answer, and that has cultural and economic system roots that date to the very origin of the United States.

The rest of the answer is that the US possesses an integrated, massive, comprehensive economic system. From capital markets, to VC markets, to every major industry, to the top universities on the planet, to a massive existing infrastructure related to science, engineering, programming, internet services, a total ecosystem from top to bottom. No other country on earth can match the total sum, and Europe as a whole is not integrated well at all.