As a person from northern Europe,   I think this is all about envy: &quot;I don&#x27;t like you because you have success, so I have to impede you&quot;.<p>The European politicians hate that all the major new internet companies are US based, but they have absolutely no idea about how to foster a European Sillicon Valley that can compete <i>and they have no interest in learning how</i>.<p>Danish politicians thought they could make a new mini-SV by building a few expensive office buildings in a location with really bad transportation. No politicians here think it&#x27;s important to listen to the IT sector, instead they just tell us (literally!) to stop wearing white sports socks so women will like us better.<p>When a rich person in SV talks about all the new startups he has invested in, he will be admired and cheered.  One of the major show-stoppers in Denmark is that such a person will be thought of as a cheesy show-off, and therefore will shunned and loose social status. So it becomes impossible to build the network needed for startup investments as such networks often live on &quot;happenstance meetings&quot;.<p>Nobody here realizes how important easy access to money is for startups and to have investors that like to take <i>wild</i> chances.  Google would never have been able to succeed in Europe because they would never have been able to get the investment money needed to start up.<p>We have the same high housing prices as SV and almost no investment money.  Add the lack of any IT center and that every country tries to do their own rather than having one common SV for all of EU. It&#x27;s like if USA tried to build a SV in every single state, including Utah!  The marmalade is spread too thin.