Earlier quoted context omitted.
> That's a kind of lottery-mentality that Europe doesn't want to attract anyway. It’s not lottery mentality, it’s risk taking. And it’s something that the EU should be fostering. The US encourages risk taking where failing isn’t even seen as a bad thing.
Ending up homeless for failing is probably not the risk taking encouragement Europeans want. https://news.ycombinator.com/item?id=31524645
...or don't we? I am not sure. We are definitely not seeing the runaway successes of US big tech, but is it because people are not taking measured risks, or do operations fumble at a later point in their development? I don't know. What I do know is that revenue sources in the EU come with extremely onerous strings attached, are orders of magnitude below US levels, or are only available to big corporations of the old guard.