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> You also have generations of successful entrepreneurs staying in the US and teaching the next generation. Entrepreneurship in EU is mostly a joke, good entrepreneurs are hard to find.

Uh, what? Wrong, at least for Germany, which is littered with internationally successful small and medium-sized companies. Compare https://en.wikipedia.org/wiki/Mittelstand .

Edit: Unless you were refering to the kind of "entrepreneur" that burns millions of USD in VC money over the span of a couple years, fails to create anything that anyone is willing to actually pay money for, but produces a lot of insightful blog posts in that time. Yes, we don't have a lot of those here yet, but we're working on it.




They probably did mean that, and believe it or not, Americans are actually OK with that.

American entrepreneurial culture includes a strong dose of "It's OK to lose a million dollars a hundred times if the next one makes a billion dollars". Some think that's part of the reason the US is the country that generates the FAANG(M)s. They throw money at the wall and make big wins off of what sticks, if most of it doesn't.

It's arguable whether that's actually beneficial for the world (is there any of the MANGAFs you don't feel uncomfortable about?), but it certainly accomplishes something. If only making the US rich.




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