>It works out pretty well in general

How can you say that when Europe has completely failed at producing any big, successful tech companies in the past couple decades? China and even India have a lot more staetups-turned-bigtech companies.

Past couple of decades, how many exactly? I mean Apple (48), Microsoft (51), Amazon (32), Nvidia (33), Oracle (49), Adobe (44), Cisco (42), Intel (58), Google (28) aren’t exactly young.

With the exception of Tesla (23) and Meta (22), USA is not brimming with large new tech companies from the past decades either.

I mean King, Spotify, and Klarna are not trillion dollar companies. But at least they are younger than Google.

American companies at around Spotify's market cap include Palantir (23), CrowdStrike (15), AppLovin (14), Uber (17), ServiceNow (22), Robinhood (13), AirBNB (18), Snowflake (13).

CrowdStrike (15)

EU equal of similar age and employment: SAP or Darktrace

AppLovin (14)

EU equal of similar age and employment: Delivery Hero, Infineon or Evolution

Uber (17)

EU equal of similar age and employment: Klarna or Bolt

ServiceNow (22)

EU equal of similar age and employment: Mistral

Robinhood (13)

EU equal of similar age and employment: Revolut or eToro

AirBNB (18)

EU equal of similar age and employment: Booking.com, Amadeus, or Accor

Snowflake (13)

EU equal of similar age and employment: OVHcloud, Arm, or ASML