MarketWatch: Europe’s Start-ups still Drawn to the Valley
An article, “For Europe?s start-ups, Silicon Valley still calls”, was published yesterday by MarketWatch, part of The Wall Street Journal Digital Network. It discusses why the tech entrepreneurs behind Europe’s start-ups continue to flock to the San Francisco Bay Area.
The article’s theme:
Divided by geography, language, regulation and, in some cases, just old-fashioned cultural prejudice, the region has struggled to shed fully its image as a place where men and women with ideas are born, but where they do not necessarily stay, prosper or secure funding.
Some of its main points:
- Among Europe’s start-ups, failure is to be avoided. Here, failure is seen as a step along the road to success.
- European venture capitalists invest in established companies. VCs here are more likely to make seed or start-up stage investments.
- On a per-capita basis, the U.S. has twice the amount of VC investment in Europe. Furthermore, almost half of the U.S. total takes place in California.
Dana H. Shultz, Attorney at Law? +1 510 547-0545? dana [at] danashultz [dot] com
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