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Why are there not more successful startups in Europe?

2 pointsby nicoschuelealmost 12 years ago

2 comments

teahatalmost 12 years ago
Some other contributing factors: cultural attitudes to failure, and as a consequence cultural attitudes toward entrepreneurs, heterogeneous audiences (the USA has ~300M people speaking mostly the same language), far less advanced ecosystem - success breeds success in terms of both experienced founders, broader angel investment, stronger networks etc.<p>Of these, I suspect the cultural attitude toward failure is by far the most significant. I think the USA breeds more successful startups primarily because it breeds more startups, due to failure being viewed much less negatively.
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Peronialmost 12 years ago
Successful European startups:<p>* Bebo (remember them?) - UK<p>* Mojang - Sweden<p>* Mind Candy - UK<p>* Spotify - Sweden&#x2F;UK<p>* Rovio - Finland<p>* Shazam - UK<p>* Habbo - Finland<p>* Miniclip - UK<p>* Badoo - UK<p>To name a few.<p><i>EDIT:</i> How could I forget Skype? Estonia.
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