[altacc]

I think you're right that the ambitions in Europe are smaller and I'd say more likely healthier for those involved and maybe the world in general. I have spent some time working in a start up hub in Scandinavia and there was the usual talk of innovation, disruption, work hard, etc... but by 4:30 the offices were empty and people had gone home to their families. Work life balance still came first.

[eloisant]

It's not that the founders have smaller ambitions, it's that they can't find fundings to really grow the size of US tech companies.

And when they do find fundings, it's in US so they move their company there.