Europeans, You Need Silicon Valley, but Silicon Valley Doesn't Need You

Yes, location is becoming less important but there are differences in locally available talent and money. That’s the main reason incubators are forming in Europe too. If you are in the wrong place you will be starved for money and talent and others can outperform you. That what happened a lot, American companies outperformed European ones and when they needed to expand into Europe they could just buy the companies that are most similar in a few key markets here and expand from there. Being able to grow quickly enough to prevent that is sort of important if we want to own our tech giants.