Europe: a VC’s View

(30 slides in 30 minutes)

e-nnovation 2010

Lost in translation

@jd

The Difference Engine

How big?

Elephantin the Room

Total Capital Invested

$m Q2 2009 Q3 2009 Q4 2009 Q1 2010 Total

North America

2,451 2,778 3,396 4,810 13,435

Europe 725 930 748 632 3,035

Ratio 3.4 3.0 4.5 7.6 4.4

Competition?

North Americaor Silicon Valley?

10 Year Revolution?

Capital Continuum

vs

vs

Sexy

Sexy

Europe?

NextGen

Know how

Support

It’s gettingbetter man

Time

Rob a bank?

Alternatives

Less red tape

Mobility of labour

Stop crying

Ambition

Do something about it

“Entrepreneurs do stuff”