Why the European Startup Scene Lags Behind the U.S. One

While working in both Silicon Valley and European entrepreneurial ecosystem, we discovered our share of contrasts between the two. Let’s debunk: Why Europe is behind Silicon Valey? A survey states that European tech startups lag behind America and Asia when it comes to valuation (Europe: $240 billion, Asia: $675 billion and U.S.: $1.37 trillion). In 2016, venture capital investment in the EU amounted to 6.5 billion euros ($8 billion), a fraction of the nearly 40 billion euros invested in the U.S the same year. Though the GDP of the European Union (18.9 Trillion) to U.S. (18.3 trillion) is almost the same, U.S. companies have …

Continue Reading