I think the European startup ecosystem suffers from a lack of ambition and a fear of success among founders.

Europe lacks not only the concentration of investment but also the knowledge and experience that Silicon Valley investors have, which is crucial for startup success. Before coming to the United States, I never thought it was possible to receive an investment larger than what my family could provide, and billion-dollar exits felt like something out of a movie.

Despite the challenges in Europe, there's a lot of talent and potential in the industrial sector, but regulatory frameworks and geographic fragmentation make it difficult for businesses to thrive.

The entrepreneurial spirit in Europe, particularly in London and Berlin, is vibrant and on the cusp of something great, even though Silicon Valley remains the top destination for entrepreneurs.

European founders are aware of the challenges they face and many want to move to Silicon Valley, but relocating is not as simple as packing your bags due to emotional and legal burdens.

Project Europe aims to inspire young founders under 25 by connecting them with successful entrepreneurs and providing funding, addressing the need for role models in less sophisticated ecosystems.

Companies in Europe, such as Deeper 11 and Nabla, are rapidly scaling, demonstrating a significant shift in the startup ecosystem.

The caliber and quality of founders in Europe is at an all-time high, with many having experience from top companies like Stripe and Facebook.

The storytelling around successful founders in Europe, particularly in France, needs to be improved to inspire the next generation of entrepreneurs.