Europe did a lot of things that seemed unsexy, but habe proven to be good in the long run. That’s why most of the debates in Europe on healthcare, for example, are “the premiums are a tad high”. Compared to the American civil war inducing train wreck that is their healthcare reform debate.
There are tech powerhouses around major universities, like TU Berlin or ETH Zurich. The problem is that the VC market is nowhere near SV.
Also, SV unicorns are all consumer and ad businesses. This is where a homogeneous huge market helps. It’s easier to have network effects when everybody speaks the same language.
America might have an issue with diversity, but compared inthe 20th century, europe as a continent has been through massive suffering.
let's not forget 30 years ago, half of the continent was divided and 40 prior to that most of it was in ruins.