Jacob Helberg says one of Europe’s biggest challenges to building companies is cultural: they’re just not risk-takers like Americans are. "It's really hard for Europe to put those pieces together because the culture in Europe has not been favorable to encouraging risk-taking, which is necessary—it's the lifeblood of starting a business." "You need to have a risk-taking culture—and then they have the unit economics problem where it's just really expensive to build stuff in Europe because your energy bills are really high. You have to spend a ton of money on legal fees before you even start." "It's not that starting things in Europe will be impossible, but they have major headwinds." "We have invested a lot of effort into having truthful, candid conversations with our friends in Europe to actually share our concerns." "When you actually care about someone, you can actually be candid with them. Clear is kind." "We care about Europe. We want them to be strong, and so we are trying to draw their attention to policy issues that we think are serious headwinds for them." @jacobhelberg with @eriktorenberg