The European Gang is starting the conversation.
Paul Carr is moderating the panel.
It doesn't matter where you are based. You can be based in Austria and build an online business aimed at American.
You can build business outside Silicon Valley.
Brent Hoberman explains that the example of Skype is extremely rare in European ventures out there. The issue we have is scaling in Europe compared to the US (regulations, languages, cultures).
Mike Butcher highlights the fact there is no war between US and European entrepreneurs. In Europe, entrepreneurs are fitghting with governments against regulations that don't help them to build businesses (tax is one for instance, works regulations is another one).
There is a lot of debate between whether cloning succesful American ventures make sense in Europe. The whole idea that American can came up with the best ideas is obviously not true. The first mover advantage is also unfounded in many instances on online businesses.You don't need to be the first in a specific market to be succesful.
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