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Here's another data point supporting the claim that Europe's start-up ecosystem is weak: https://www.linkedin.com/pulse/73-most-valuable-startups-earth-dennis-

by minthd 11y ago

Here's another data point supporting the claim that Europe's start-up ecosystem is weak: https://www.linkedin.com/pulse/73-most-valuable-startups-earth-dennis-k-berman https://www.linkedin.com/pulse/73-most-valuable-startups-ear... This is a list of start-ups(in private control) with value over $1 billion. 73 companies in total , 6 are European , and 15 are Asian. EDIT: one possibility is that European are suffering a similar problem to that of the Israelis - even though they have great tech/product , they just sell earlier. BTW in Israel(which most agree has a strong start-up ecosystem/culture) it's mainly because they're lacking in certain scaling skills(but they're learning) + and to some extent they try to minimize risk.

digi_owl 11y ago
Meh, i will take a company that can do a low valuation but keep on going over a pump and dump VC darling any day.
ovi256 11y ago
Scaling requires specific know-how, lots of capital, and chutzpah. You seem to know more about Israeli startups than I, and I don't doubt that they're learning the first as you say, or that they already have the third. As for capital for scaling European startups, it is definitely lacking. There's barely capital for seed and early rounds. Maybe in 50 years, after dozens of successful exits will make more people into angels and VCs.
- Radle 11y ago
  What is "chutzpah"?
  - deleted 11y ago
    [deleted]
cyphunk 11y ago
The issue in Israel is most startups choose to sell rather early. The same is true of the EU. I don't have a list but remember companies such as a Skype, Rockstar and others that were EU (are?). Many just get purchased. This may have more to do with capital finding food than just risk aversion alone.
Radle 11y ago
I once looked at the companies google purchased and saw many German and Israel tech companies being acquired by google. This sounds plausible. Still this kind of analysis is very weak for two reasons. Most countries aren't as company friendly as the USA. A discussion about whether Billionares should pay taxes would be unimaginable in most most European countries. Also America has a strong customer base by default with 320 American citizens and the other 900 Million Nativ speakers, who can easily buy products made for the American market (Especially in the Tech area). Also those kind of graphs usually get smaller, the higher you go. One should compare the total amount of startups and divide by citizens, the findings will be a better tool for comparison.
- Radle 11y ago
  whoops... Those were 320 Million Americans and 900 Million englisch speakers, not native speakers.

by minthd 11y ago

digi_owl 11y ago

Meh, i will take a company that can do a low valuation but keep on going over a pump and dump VC darling any day.

ovi256 11y ago

Scaling requires specific know-how, lots of capital, and chutzpah. You seem to know more about Israeli startups than I, and I don't doubt that they're learning the first as you say, or that they already have the third. As for capital for scaling European startups, it is definitely lacking. There's barely capital for seed and early rounds. Maybe in 50 years, after dozens of successful exits will make more people into angels and VCs.

Radle 11y ago
What is "chutzpah"?
- deleted 11y ago
  [deleted]

cyphunk 11y ago

The issue in Israel is most startups choose to sell rather early. The same is true of the EU. I don't have a list but remember companies such as a Skype, Rockstar and others that were EU (are?). Many just get purchased. This may have more to do with capital finding food than just risk aversion alone.

Radle 11y ago

I once looked at the companies google purchased and saw many German and Israel tech companies being acquired by google. This sounds plausible. Still this kind of analysis is very weak for two reasons. Most countries aren't as company friendly as the USA. A discussion about whether Billionares should pay taxes would be unimaginable in most most European countries. Also America has a strong customer base by default with 320 American citizens and the other 900 Million Nativ speakers, who can easily buy products made for the American market (Especially in the Tech area). Also those kind of graphs usually get smaller, the higher you go. One should compare the total amount of startups and divide by citizens, the findings will be a better tool for comparison.

Radle 11y ago
whoops... Those were 320 Million Americans and 900 Million englisch speakers, not native speakers.