When the CEO of Norway’s $1.6 trillion oil fund called out the work ethic and ambition of his fellow Europeans, it hit a nerve. The founder of one of Britain’s most exciting start-ups certainly doesn’t buy the Americans-are-workaholics-Europeans-are-lazy theory for why the U.S. outperforms Europe.
Tom Blomfield, the founder and ex-CEO of online bank Monzo, doesn’t even think it’s true that Americans work harder than Europeans. Instead, the difference among workers on each side of the Atlantic is one of “positivity, optimism, and ambition,” he said this week on the 20VC podcast.
