please explain
Looking at the Netherlands, where I'm from: There are many fast-growing tech companies. Both big and small. Bigger examples are Adyen and Elastic. GitLab started out here.
This is a pretty nice overview, which still misses a lot: https://www.notion.so/Dutch-SaaS-Landscape-89504403a57e43f58...
There are many many tech companies with 10s of millions of revenue that aren't even on this list.
On the other side of the spectrum we have a huge high-tech industry around Eindhoven. ASML is market leader by far in machines to produce chips. The M1 is made possible by them for a large part. NXP is a huge chip company.
I could go on. There is a very diverse landscape here. I'm sure if you look closely you will find a lot in other European countries too.
There are also vast differences between states in the US. If we're comparing I think it's perfectly reasonable to pick places that are on the top end of the scale on both sides of the ocean.
> But even if we only look at NL there are quite a few metrics it falls way short from the U.S: VC raised per capita, exit volume and salaries are all falling short.
I'm not claiming that the EU is equivalent to SV, or the wider US. There is certainly much to love about SV and we can and should do better in a number of areas in which SV is already doing very well.
I'm only correcting the unfounded assumption that some people in this thread expressed that there's somehow nothing going on in the EU. Or that it's a bad place for business, it's really not.