Ce diaporama a bien été signalé.
Nous utilisons votre profil LinkedIn et vos données d’activité pour vous proposer des publicités personnalisées et pertinentes. Vous pouvez changer vos préférences de publicités à tout moment.
Snapshot of 3 key European
startups hubs: Berlin, London &
Stockholm
by
@ciaranoleary (berlinvc.com) & @jaderead5; VCs at ...
Based on the debate “is a large Berlin exit overdue or
not” we crunched some numbers on Berlin and other
selected key tech...
Age profile of the “advanced”*
cohort of startups in each
ecosystem
* Startups HQd in each tech hub that have raised at le...
Berlin’s advanced startups have a median age of
only 3.5 years
London’s advanced startups have a median age of
around 7 years
Stockholm’s advanced startups have a median age
of around 6 years
There are plenty of great companies across all of
Europe; their median age is also around 6 years
Differences in age of ecosystems can be more clearly seen
when looking at % of companies older than 5 years
Capital profile of the advanced
cohort of startups in each
ecosystem
% of startups that have raised a meaningful amount (and
hence should be capable of producing a large exit) is not
too diss...
Berlin and Stockholm’s advanced cohort has attracted
more total funding than London’s – however this is driven
by a small ...
Median values give a better picture: London’s top cohort
has attracted more on median – not surprising given the
older eco...
Berlin’s average is driven up by Zalando and
DeliveryHero; median of $30m
London funding far more evenly distributed;
median of $43m
Stockholm average driven up by Klarna and Spotify;
median of $36m
Comparing advanced startups
with prior large European exits
Recent large European exits*: median of 10 years to
exit; slightly more than US (7-8 years)
* We only counted those where ...
Median age of top startups in all key hubs is still well
below median time-to-exit of recent large European exits
A median of $40m was raised prior to exit*
* Small group due to lack of quality data. We know some of the figures below ar...
All ecosystems inching towards median capital raised
similar to previous large European exits; London closest.
Thanks!
@ciaranoleary
berlinvc.com
@jaderead5
More posts:
Will the real Berlin please stand up?
The best tech ecosystem in Europe is…
Urban entrepreneurship hypothesis
...
Prochain SlideShare
Chargement dans…5
×

Numbers crunched on 3 key european tech ecosystems

Based on the "exit debate" regarding the Berlin ecosystem we decided to crunch some numbers & compare - to introduce some facts to the discussion! More detail on TechCrunch: http://techcrunch.com/2013/07/20/will-the-real-berlin-please-stand-up-a-vc-puts-the-citys-tech-boom-in-context/

  • Identifiez-vous pour voir les commentaires

Numbers crunched on 3 key european tech ecosystems

  1. 1. Snapshot of 3 key European startups hubs: Berlin, London & Stockholm by @ciaranoleary (berlinvc.com) & @jaderead5; VCs at Earlybird Comparing advanced companies, capital raised & age profile of ecosystems to recent large European exits
  2. 2. Based on the debate “is a large Berlin exit overdue or not” we crunched some numbers on Berlin and other selected key tech hubs in Europe We wrote a guest post on TechCrunch that contains more detail / context. We created this slide deck for those just interested in the data.
  3. 3. Age profile of the “advanced”* cohort of startups in each ecosystem * Startups HQd in each tech hub that have raised at least one double digit million round from well known venture funds. Data source is Crunchbase, googling, Quora,etc. We are aware the data is far from perfect – but we hope it is “directionally” correct if you look at the overall picture.
  4. 4. Berlin’s advanced startups have a median age of only 3.5 years
  5. 5. London’s advanced startups have a median age of around 7 years
  6. 6. Stockholm’s advanced startups have a median age of around 6 years
  7. 7. There are plenty of great companies across all of Europe; their median age is also around 6 years
  8. 8. Differences in age of ecosystems can be more clearly seen when looking at % of companies older than 5 years
  9. 9. Capital profile of the advanced cohort of startups in each ecosystem
  10. 10. % of startups that have raised a meaningful amount (and hence should be capable of producing a large exit) is not too dissimilar across the ecosystems
  11. 11. Berlin and Stockholm’s advanced cohort has attracted more total funding than London’s – however this is driven by a small number of outliers
  12. 12. Median values give a better picture: London’s top cohort has attracted more on median – not surprising given the older ecosystem with more advanced companies
  13. 13. Berlin’s average is driven up by Zalando and DeliveryHero; median of $30m
  14. 14. London funding far more evenly distributed; median of $43m
  15. 15. Stockholm average driven up by Klarna and Spotify; median of $36m
  16. 16. Comparing advanced startups with prior large European exits
  17. 17. Recent large European exits*: median of 10 years to exit; slightly more than US (7-8 years) * We only counted those where all VCs sold; no partial secondaries
  18. 18. Median age of top startups in all key hubs is still well below median time-to-exit of recent large European exits
  19. 19. A median of $40m was raised prior to exit* * Small group due to lack of quality data. We know some of the figures below are likely to be too low. A more detailed review is highly welcomed.
  20. 20. All ecosystems inching towards median capital raised similar to previous large European exits; London closest.
  21. 21. Thanks! @ciaranoleary berlinvc.com @jaderead5
  22. 22. More posts: Will the real Berlin please stand up? The best tech ecosystem in Europe is… Urban entrepreneurship hypothesis The decreasing importance of local capital

×