To Invest In Tech Why I Moved From San Francisco To Europe

By Staff Reporter

Jun 17, 2019 04:45 PM EDT

When I told people I was moving from San Francisco to Europe to pursue a career in tech, my enthusiasm was met with confused looks. And then they asked if I was stockpiling food for Brexit or avoiding France due to the yellow jackets.

What doesn't get nearly as much news coverage is the accelerating growth of the tech industry in Europe. Venture capital deals in the top four hubs of Europe-London, Berlin, Paris and Stockholm-have increased by 22% per year for the past five years. Over 50 venture-backed unicorns have been created in Europe in the past decade, compared with just 3 between 2000 and 2010. The largest IPO in 2018, Spotify, is based in Sweden.

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