This hits on something that I've seen as a difference between American mindset and the Euro mindset. It seems that in Europe workers prefer more security and a steadier type of job, whereas in America there is a willingness to risk more for greater rewards.
This in my mind plays into part of the difference between how the tech space has grown on the two continents, as it seems being a temporarily embarrassed millionaire really motivates people to come up with something to sale, even if most of it is crap occasionally a good idea will pan out.