Europe has a strong sense of optimism about the future of its tech ecosystem

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While there are notable differences across countries, Europe as a whole demonstrates bullishness about the future of its tech ecosystem

Are you more or less optimistic about the future of European tech today than you were 12 months ago?

I was optimistic about European tech 12 months ago, and feel just as positive about the state of European tech today. The ecosystem is constantly evolving, and its momentum is accelerating. You can find world-class levels of ambition, innovation and disruption across the continent in more established tech hubs like London, Paris and Stockholm, as well as in emerging hubs like Amsterdam or Barcelona.

Luciana Lixandru

  • Accel

The level of optimism among European founders is strong

of European founders are either more optimistic about the future of European tech, or maintain the same levels compared to 12 months

However, confidence levels in the UK are materially lower

of UK founders are less confident about the future of European tech compared to 12 months ago, compared to just 6% of founders from all other countries

It is absolutely easier to build a European tech company today than it was five years ago. If you look at the mobile games business or where mobile is a platform, the app store distribution model has completely democratised distribution, there are things like cloud technologies that make it easier than ever to scale your service. What it really means is that great companies today can come from any country and it is way easier than it was five or ten years ago.

Ilkka Paananen

  • Supercell