Well, you provided me with an excellent basis for understanding my facts, figures and comments.
For one “Europe is NOT struggling to catch up with Silicon Valley”. This is USA wannabe-ism at its worst. And not surprising when the publication is called “Entrepreneur”.
A truer statement I could not have been said: “They are more fixated on returns in the coming years than the growth of the company.”
And it is implied that this is a downside. SMH. This is precisely why Europe crushes the USA on all the base metrics of an economy AND society. Hype and growth are not a foundation for funding. And fewer excess billionaires benefiting from a tax system that lets them drain resources from fair and decent living standards for the society is not what they care about.
“European universities are behind their U.S. counterparts.”
This is a nonsense statement. I would have to see some metrics. US News and World Report? LOL. Top in what way? The number of immigrants that come here because you can pay to get in? This is a whole other subject, but if this had any basis in truth, then one would have to go back and understand why the success and durability of Europe’s dominance of industries that the USA long ceased to be competitive in (machine tools, industrial process, factory automation, chemicals, automotive, power generation, power distribution, telecom, electronics, building technology, etc., etc.) and that employ large number of well-paid people (most of all engineers) puts a serious question around the word “behind”.
There is way too much here to take on. The remark about EU unemployment versus USA is a whole subject in itself. The short of it is: look at the economic and social metrics I provided and grasp them before you take anything from a magazine that has a very particular agenda. And not one Europeans are terribly interested in.