Pieter Garicano's Silicon Continent newsletter on the structural reasons European startups struggle to grow beyond Series B - fragmented markets, talent migration, and capital gaps.
“Pieter is the WiP editor who wrote the Tesla piece. His newsletter goes deeper on European tech policy. This is the companion piece - the Tesla article explains why big companies don't innovate in Europe, this explains why startups can't scale.”
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The talent migration data is striking. European founders who make it to Series B have a 40% chance of relocating to the US within 3 years. We're not just losing companies, we're losing the people who build them.