European tech is going forward super fast. It is still maybe following the situation in Silicon Valley but I think that this is shifting. Shifting especially because there is so much talent in Europe that wants to stay or wants to come back from wherever they are. For example, we have a lot of really good engineers from Slovenia and Croatia going to work for Facebook or Google for a couple of years in the States but they would wish to come back, they would like to be back in Europe.
It is unsurprising that the developer population of Europe is increasing: software is eating the world. Developers are needed in every type of business, from AI to insurance. As demand for talent continues to outstrip supply, we are seeing a greater drive from both the public and private sector to enable more people to enter or extend their career in technology. Junior developers are now more likely to have been exposed to coding within their formal education, and we're seeing a surge in demand for non-formal education amongst the wider developer population.
France has incredible engineering talent and a unique set of values and aesthetics making its talent and environment uniquely attractive in an international context. Still, there are challenges in hiring and firing, financing, and other ways startups fit into the overall business ecosystem that need to be fixed before can the current startup excitement be a trend and not a fad.