New top story on Hacker News: Ask HN: Why Does the European Tech Industry Have Such a B2B Focus?

Ask HN: Why Does the European Tech Industry Have Such a B2B Focus?
5 by CM30 | 2 comments on Hacker News.
Compared to say, offering a product or service directly to customers/users? Because from what I've seen over here, the vast majority of tech companies seem to be obssessed with delivering work for corporate clients or attempting to be the next Moz rather than offering a service for average Joes. You don't see many Uber/Airbnb/Facebook/Twitter/Apple/whatever type deals aimed at normal people. So why is this? I did hear at one startup event (from a VC) that UK investors were hesitant to back user facing companies like their US counterparts, but that can't be all the reason, right? Why are European tech companies so much more interested in being B2B businesses?