The State of European Tech 2016
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The State of European Tech 2016
1–10 of 78 posts
Re: The State of European Tech 2016
#2Would be great if this was legible on mobile... Does anyone have a good summary?
Re: The State of European Tech 2016
#3why the need for bs like this in a study:
I see no limits to the ambition of young Europeans. We've broken the glass ceiling etc.
Looks dumb to me. Just show me the data compared to American tech.
Re: The State of European Tech 2016
#4why the need for bs like this in a study:
I see no limits to the ambition of young Europeans. We've broken the glass ceiling etc.
Looks dumb to me. Just show me the data compared to American tech.
Re: The State of European Tech 2016
#5Would be great if this was legible on mobile... Does anyone have a good summary?
First sentence is a great summary...
Re: The State of European Tech 2016
#6why the need for bs like this in a study: I see no limits to the ambition of young Europeans. We've broken the glass ceiling etc. Looks dumb to me. Just show me the data compared to American tech.
Wait...there was a glass ceiling preventing Europeans from creating companies ?
Re: The State of European Tech 2016
#7(cough cringe PR cough)
You could create similar optimistic charts for US, China, India, etc.
The EU ( 550 million ) tech industry is dwarfed by the US ( 350 million )
Looking from a higher abstract plane, EU produces the least new entrepreneurs and innovative companies compared to the beast that is US and Asia.
The EU also has the most unstable political and financial system globally with entire countries on the verge of defaulting on their sovereign debt.
The reason why every European developer migrates to London is to escape the craziness of the continent.
Every European developer's final 'dream' is to work in the US tech industry - London is the second best thing to reach.
(.. Money Talks .. )
You can see how much value that tech is given in europe by just looking at the salaries in europe vs N.A - so much for valuing hard tech.
Seeing that both the US and Europe have similar numbers of developers (~ 3 mil) - how is european tech industry 1/8 the size of the US ??
Oversupply of developers due to better engineering school ? ( my sides )
More like MBAs from Cambridge are not as smart as their counterparts graduating from Sloan in creating value out of tech.
-- Not an American --- Direct experience with London and Berlin tech scene ---
Re: The State of European Tech 2016
#8(cough cringe PR cough) You could create similar optimistic charts for US, China, India, etc. The EU ( 550 million ) tech industry is dwarfed by the US ( 350 million ) Looking from a higher abstract plane, EU produces the least new entrepreneurs and innovative companies compared to the beast that is US and Asia. The EU also has the most unstable political and financial system globally with entire countries on the ver…
Completely agree. I live in Europe, am a part of the tech scene, and am sitting in the contitental craziness you speak of in Germany. This report is largely nonsense.
It talks about "top research institutions" are in Europe, neglecting the #1,#2,#4,#5, and #6 in the world are in the USA. [1]
Honestly, I have no idea why an investor would want to try to tackle this nightmare of 30+ target markets, especially when you have huge homogeneous markets in the USA and Asia.
1. http://www.topuniversities.com/university-rankings/universit...
Re: The State of European Tech 2016
#9(cough cringe PR cough) You could create similar optimistic charts for US, China, India, etc. The EU ( 550 million ) tech industry is dwarfed by the US ( 350 million ) Looking from a higher abstract plane, EU produces the least new entrepreneurs and innovative companies compared to the beast that is US and Asia. The EU also has the most unstable political and financial system globally with entire countries on the ver…
I agree with the broad strokes of your comment, but I have some nitpicks. I think it's culture that's holding the European tech sector back. Investors in Europe are generally very risk-averse and anything that's less than 100 years old isn't really taken seriously. It's fascinating to see how the more neophile countries pull ahead of the rest; how much financial conservatism holds the economy back. When Germans invest, they think mostly of dividends, not growth. And Germany is reasonably sane. Many countries (Italy, Spain) don't have functioning stock markets at all.
>(cough cringe PR cough)
I so agree. This is a VC blowing its own horn and disguising it as information. Painful.
>the craziness of the continent
Britain isn't especially rich by European standards (poorer than Germany). London is a deviation. People are flocking to London, not away from the continent. Britain is pretty average in the European silliness contest. We're talking about a country that doesn't have a written constitution or equivalent thereof.
Re: The State of European Tech 2016
#10(cough cringe PR cough) You could create similar optimistic charts for US, China, India, etc. The EU ( 550 million ) tech industry is dwarfed by the US ( 350 million ) Looking from a higher abstract plane, EU produces the least new entrepreneurs and innovative companies compared to the beast that is US and Asia. The EU also has the most unstable political and financial system globally with entire countries on the ver…
Completely agree. I live in Europe, am a part of the tech scene, and am sitting in the contitental craziness you speak of in Germany. This report is largely nonsense. It talks about "top research institutions" are in Europe, neglecting the #1,#2,#4,#5, and #6 in the world are in the USA. [1] Honestly, I have no idea why an investor would want to try to tackle this nightmare of 30+ target markets, especially when you…
>Honestly, I have no idea why an investor would want to try to tackle this nightmare of 30+ target markets, especially when you have huge homogeneous markets in the USA and Asia.
One would hope they would have the sense to go global. You have to to survive in most software. Where the HQ of the company is doesn't matter. I always cringe when I hear software execs talk of being a leader in their home country. Well, some company who actually went global and therefore have a lot less development cost per user will eat any local leader for breakfast. Companies that care about their home markets are dead men walking.