[sabbatic13]

I found this article rather superficial. It touched on a few (very few) points of comparison and ignored a huge number of factors affecting entrepreneurship in Europe.

Rather than waste time expanding on that though, I have a question. In this statement " If we truly believe the next global superstar in tech will hail from Europe, why would we only fund them at one-fifth the amount of their future US competitors?" Who the hell is "we"?

Of course, this question begs the question of whether "we" believe any such thing, because no such idea follows at all from the preceding disquisition. We have several arguments, weak arguments, trying to prop up the idea of a healthy startup ecosystem, and then suddenly we are defining success by the measure of outliers.

But in any event, who is we? The would-be pundits? The startup people in Europe? VC's? The people who give VC's money? Only the last two have any real say in where the money is invested, the VC's much more than the funders.

Do VC's generally believe this? If not, why? Is the claim that they are benighted and too envious. I would find that surprising, given that all the San Hill people I know are hyper-capitalists, to put it mildly, and crunch numbers as readily as most people blink on a windy day.

It's commonplace for VC's to get article and interviews published, given that half of their job is self-marketing, but to be blunt, the attempt to sound like a pundit/prophet is usually much better than this.