Yes, but the main point he makes is an excellent one that is normally missed everywhere else: namely the cultural one-way street that exists between the US and Europe. Europeans watch American TV, listen to American music, read American blogs, etc. But does that also work the other way around? No. This already fails at the language level, as most Europeans speak English, but not many Americans speak another European language. I would even go as far as saying that most European journalists read more US sources than they read sources from their neighbour countries. This is also mostly caused by language skills.
As a consequence, when trying to gain attention as a European startup, you can either try to conquer the European countries one by one - or you can try to get American attention (e.g. techcrunch) and let the European tech journalists copy from there. This is a though choice US entrepreneuers don't have and its caused by the cultural one-way street.
As a consequence, when trying to gain attention as a European startup, you can either try to conquer the European countries one by one - or you can try to get American attention (e.g. techcrunch) and let the European tech journalists copy from there. This is a though choice US entrepreneuers don't have and its caused by the cultural one-way street.