I take offense at such massive overgeneralizations as "Europe lacks imagination." What it lacks is freely flowing funding such that risky enterprises can be funded even if 1 out of ten or 1 out of hundred actually are successful. This kills business models which cannot show any profit whatsoever, and a large portion of the remainder are killed by data regulations forbidding "alternate paths of monetization" (to put i…
" For one, we lack the imagination and vision to launch something without knowing how it might eventually make money. "
tells a different message, than just
"Europe lacks imagination."