Every time I visit Silicon Valley – very regularly since 2005 – I recognize how little of a role Europe plays over there. The discussion order goes like this: First Silicon Valley, then the rest of the USA. Followed by China and rest of Asia. Next level is Brazil. And finally Europe. I do not dare to talk about Germany, England, CEE or Turkey in particular. Europe is in one pool – in the view of Silicon Valley. How can this be? And what has to change in Europe to overcome this?