The two towers of the European Court of Justice on Kirchberg in Luxembourg

Why the U.S. depends on Europe for building massive, 'multi-local' marketplaces

Whenever startup ecosystem commentators discuss how to create European technology businesses of global scale they tend to name one company as a shining example: Skype. Headquartered in Luxembourg and developed in Estonia, Skype is a revolutionary product and, rightly, a European success story. It sold three times in the last seven years; most recently, to Microsoft for $8.5 billion.