Visit Business Insider's homepage for more stories.Īsk a room full of European investors and founders "Where's the European Google?" and you're likely to elicit groans.īut the question, for all the irritation it provokes, is relevant.Nearly everyone, however, seemed optimistic that it was time for Europe's moment in the sun.Business Insider spoke with seven venture-capital investors and founders and identified a complex range of issues making it difficult to replicate Silicon Valley.Despite worthy success stories such as Spotify and Farfetch, Europe hasn't produced a global company to rival ones like Google, Facebook, or Alibaba.The world's biggest consumer technology companies are American and, increasingly, Chinese.
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