Both discussions addressed the theme of European Unicorns - ie can Europe produce large venture outcomes. A few years ago, the potential was real. Today, it has been realised as Europe has demonstrated its ability to generate multi-billion outcomes with companies like Supercell ($3B), Qlik ($2.5B), Criteo ($2B), Just Eat ($2.4B), King ($3.6B), Zoopla ($1B), Waze ($1B) among others...The questions is now turning into whether Europe can create $20B+ outcomes. Time will tell but all pointers are in the right directions. Unicorn are not supposed to exist but we are seeing a lot of them in Europe these days with the maturation of the European tech ecosystem. May be we should stop calling them Unicorns!
Thoughts from a Venture Capitalist on Software, Artificial Intelligence and Cybersecurity
Tuesday, October 21, 2014
European Unicorns (or not!) @ TC Disrupt London
Exciting couple of days at TC Disrupt London: I had the chance of starting my Monday morning with an interview at Bloomberg TV "On The Move" with Jonathan Ferro and my Tuesday Morning with a panel at the conference led by Ryan Lawler.
Both discussions addressed the theme of European Unicorns - ie can Europe produce large venture outcomes. A few years ago, the potential was real. Today, it has been realised as Europe has demonstrated its ability to generate multi-billion outcomes with companies like Supercell ($3B), Qlik ($2.5B), Criteo ($2B), Just Eat ($2.4B), King ($3.6B), Zoopla ($1B), Waze ($1B) among others...The questions is now turning into whether Europe can create $20B+ outcomes. Time will tell but all pointers are in the right directions. Unicorn are not supposed to exist but we are seeing a lot of them in Europe these days with the maturation of the European tech ecosystem. May be we should stop calling them Unicorns!
Both discussions addressed the theme of European Unicorns - ie can Europe produce large venture outcomes. A few years ago, the potential was real. Today, it has been realised as Europe has demonstrated its ability to generate multi-billion outcomes with companies like Supercell ($3B), Qlik ($2.5B), Criteo ($2B), Just Eat ($2.4B), King ($3.6B), Zoopla ($1B), Waze ($1B) among others...The questions is now turning into whether Europe can create $20B+ outcomes. Time will tell but all pointers are in the right directions. Unicorn are not supposed to exist but we are seeing a lot of them in Europe these days with the maturation of the European tech ecosystem. May be we should stop calling them Unicorns!
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