I've written a pretty long blog post on the entire topic some time ago. It's about my experience as a founder and entrepreneurial student in the US, Asia and Europe and the cultural differences..
Getting easy capital (even from private angels, its already hard to get more than 25-50k Euros from a German business angel) is one side of the deal, but at least in Europe I cant help but think that the social environment has been holding entrepreneurship back for the last decades. Although that seems to be changing slowly.
Here's the link http://www.mgreschke.com/view/entry/1?locale=en#disqus_threa...
Getting easy capital (even from private angels, its already hard to get more than 25-50k Euros from a German business angel) is one side of the deal, but at least in Europe I cant help but think that the social environment has been holding entrepreneurship back for the last decades. Although that seems to be changing slowly.