Go to Europe these days – to Berlin, London, Helsinki – drop in on any of the regional tech confabs and you will quickly see that the European startup scene is in the most bustling, vibrant shape it's ever been. The potential is everywhere, and the energy is undeniable. Then you return Stateside, in my case to Palo Alto, and Europe isn't just irrelevant among the tech industry power-set. It has virtually ceased to exist.
That is a mistake. Blame for the ruptured relationship lies on both sides of the Atlantic, but it is Europeans that have the power, and should have the motivation, to mend things. If we Europeans can muster the confidence, and the U.S. can tone down its arrogance, Europe actually has a lot to give to Silicon Valley.
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