Dealroom CEO says Europe’s first trillion-dollar startup may already exist
Dealroom counts 56 European companies worth over $10bn and none worth $1tn. Its founder said putting 1% of pension money into venture capital would lift European tech scale-up funding by 50%.
Via TNW | Ecosystems
Europe’s venture-backed companies could be worth more than its industrial base within five years, Dealroom founder and chief executive Yoram Wijngaarde said. He spoke at Wave by Vento in Turin on Thursday.
“I think that the VC-backed ecosystem is going to overtake our industrial base in terms of total value created within the next five years, if we play our cards right. And I think that also the first trillion-dollar VC-backed company is going to be created. And it’s a…
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