As a former CTO for a European startup that started in Eastern Europe, moved to Western Europe and then across the seas to the USA, I think we have a long way to go before we can beat Silicon Valley at its own game, European style. It was only three years ago that European investors had us create a new company in the US so that we can get funded; in Europe, by European investors. It was only three years ago that we scheduled a meeting with a potential big customer and we had to schedule it 3 - 6 months in advance; compared to a quick call to a Fortune500 CEO in the US.
So I'm sorry my Swedish friend, you might have running money over there, but it's not just about being socially equitable and having an inspiring office, it's also about what kind of innovation that money funds, the landscape where companies are working in (how many languages and laws do we have across the board?) and the access to customers that we might have. Good luck selling disruptive tech to 60yr old managers in Berlin.