Don't Overestimate The Role Of Role Models

Robin Wauters
Friday, January 28, 2011; 6:16 AM

In the seemingly never-ending discussions about Europe vs. Silicon Valley - how much digital ink can be spilled on 'why Europe will never be the next Silicon Valley', 'why Europe will definitely become the next Silicon Valley' and 'Silicon Valley and Europe: a comparative look at fauna and flora' anyway? - I'm quite amazed by how often pundits point out we could use more role models in Europe's tech industry.The idea seems to be that, inspired by their story of how their startup became the next Google, aspiring entrepreneurs need only look at people who've built or even exited companies and became fabulously famous and wealthy in the process. I disagree.

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