The Europeanstartupmarket is ready forthe limelight | TechCrunch
News Source : TechCrunch
News Summary
- Helsinki’s annual Slush conference this year showed a venture market that feels like it is on the brink of transformation.
- For many years, European founders moved to the U.S. to start their companies or exited earlier than they needed to since they were operating in a market that lacked local customers and cash.
- Multiple venture investors told TechCrunch at Slush that the notion of the market being undercapitalized is overblown.
- European enterprises remain less likely than their American counterparts to experiment and implement startup tech.
Silicon Valley folks tend to write off the startup market across the pond as too small or not hungry enough, but that sentiment could not be more different from how Europeans view their potential.H [+3370 chars]
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