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This is the kind of thing that makes it annoying that just about all interesting internet companies are in the US. Why can't Europe step up with some competition?

Entrepreneurship is far more difficult in much of Europe. It's much more difficult to set up a corporation, access capital, especially speculative capital (i.e. VC money) as well as some fairly strict taxation and regulatory schemes. This article: http://buswk.co/Hltv5F explains a few if those factors.

Skype was originally a swedish company until it was aquired by eBay.

Estonian, I thought.

Luxembourg actually, with Swedish founders and Estonian coders.

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