I don't think it can. Maybe they can buy yandex, but i think europe has drained its talent tothe US. And even if they build it, how will they monetize it?
Europe isn't drained of talent by a long shot. It has surely been tapped to some extent by the bay area exodus, but there's plenty of tech success stories and talented people here still.
I don't belive that to be true at all - EU have a lot of great SaaS/tech companies that emply a lot of really talented people. What EU need more of however is vc money.
That's just ridiculous. It's a miniscule portion of the total talent that has left to US, and Europe draws many people in constantly as immigration is easier.
