European start-ups vs American start-ups, round twenty seven

Europe doesn’t do tech and venture capital companies? That seems to be the message from Silicon Valley resident Loic Le Meur. Mike Butcher loads up the Lee-Enfield to return fire:

There has been an explosion in accelerators, co-working spaces, and increasing numbers of ventures investors looking at 500 Startups and similar investment models and doubling down on many different investments.

None of these people – and I have observed it close hand – are ever out to lunch for hours on end. Across Europe, entrepreneurs are burning the night oil to create startups which DO go global from day one, and DO aim at both international US markets. I’ve seen it with my own eyes.