Opinion
Why the Smart Money Is Headed to Europe
More people than ever before are seeing Europe, rather than the U.S., as the best place to invest.
For years, Europe has run a distant second to the U.S. when it comes to creating and supporting tech startups. Not anymore.
Over the last year, the startup scene in Europe has exploded. In 2021 alone, the European tech ecosystem has created unicorns at a rate of at least one a week, with more money invested in the first three months of this year than in the first six months of 2020—which was itself a record year.