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Why Is Europe (Applies To Africa As Well) Failing To Create More Unicorns?

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@davidsmith8900 wrote:

Link ~> http://000fff.org/why-is-europe-failing-to-create-more-unicorns/
Link ~> http://www.forbes.com/sites/robertlenzner/2013/04/25/40-largest-u-s-companies-founded-by-immigrants-or-their-children/

Out of 108 startups with a valuation of more than
one billion dollars, 78 are from the US and only nine are from Europe. Whats going on?

40% of the fortune 500 companies IN THE US (NOT OUTSIDE OF THE US) are started by foreigners and 60% of popular tech companies are started by 1st or 2nd generation immigrants, many of them Europeans IN THE US (NOT OUTSIDE OF THE US). In other words The US is often relying on foreigners to innovate and create those businesses and plenty of Europeans IN THE US (NOT OUTSIDE OF THE US) are amongst those who succeed.

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