SlideShare a Scribd company logo
1 of 42
Why Europe needs to seed the growth of its new stars? Saul Klein Index Ventures
Should we really envy two small areas?
Ruled over by 2 geeks and a whiteboard….
$295bn
Or 2 geeks with an old skool monitor….
$38bn
Or 1 geek and a spray-painted sign…
$28bn
Or 1 geek, an MBA and a consultant…
$36bn
Or 2 geeks, too much paper, a strange clock
$156bn
$553bn of wealth creation, ignoring…
And forgetting….
 
 
The ecosystem is primed for success… + +
Constantly commercializing what’s next….
So what about Europe?
We’ve always had creative prodigies….
We still create global entertainment…
Brands that define global luxury….
Brands that disrupt markets globally….
We’ve given birth to powerful technologies…
We have amazing young R&D talent…
We have 7/10 top locations for young coders
Experienced and willing venture capital...
Entrepreneurs mentoring and seed investing... ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
We’ve started to have some great exits… $4.1bn $1.1bn $366m $900m $575m $265m $280m
$4.2bn
$1.7bn
We have a pipeline of web leaders….
Online advertising is very advanced…
EU has 11 of Top 15 broadband markets
Mobile phones are everywhere….
is now in 50 cities….
So go out there and take some risks…
It’s ok to fail…learn from your mistakes
Pick yourself up and try again…
saul@klein.name  http://localglo.be http://www.opencoffeeclub.org
$3.9bn
$3.1bn

More Related Content

Similar to Nextweb2007

Funding in israel what do local ecosystem investors are looking for
Funding in israel   what do local ecosystem investors are looking forFunding in israel   what do local ecosystem investors are looking for
Funding in israel what do local ecosystem investors are looking formyshivuk
 
Funding in Israel - What do local ecosystem investors are looking for
Funding in Israel - What do local ecosystem investors are looking forFunding in Israel - What do local ecosystem investors are looking for
Funding in Israel - What do local ecosystem investors are looking formyshivuk
 
Procter & Gamble open innovation approach
Procter & Gamble open innovation approach Procter & Gamble open innovation approach
Procter & Gamble open innovation approach Ideon Open
 
Morning talk the 1th of November, Lasse Chor, Finding investors
Morning talk the 1th of November, Lasse Chor, Finding investorsMorning talk the 1th of November, Lasse Chor, Finding investors
Morning talk the 1th of November, Lasse Chor, Finding investorsAU INCUBATOR
 
Morning talk 1th of November, Lasse Chor
Morning talk 1th of November, Lasse ChorMorning talk 1th of November, Lasse Chor
Morning talk 1th of November, Lasse ChorSigne Trier Simonsen
 
Dejan Roljic - Eligma - Growing Bitcoin Cities from Slovenia - Stanford Engin...
Dejan Roljic - Eligma - Growing Bitcoin Cities from Slovenia - Stanford Engin...Dejan Roljic - Eligma - Growing Bitcoin Cities from Slovenia - Stanford Engin...
Dejan Roljic - Eligma - Growing Bitcoin Cities from Slovenia - Stanford Engin...Burton Lee
 
What Every Startup And Corporate Should Know About Exits
What Every Startup And Corporate Should Know About ExitsWhat Every Startup And Corporate Should Know About Exits
What Every Startup And Corporate Should Know About ExitsHAX
 
Elluminate Magazine Issue 13 luxury
Elluminate Magazine Issue 13 luxury Elluminate Magazine Issue 13 luxury
Elluminate Magazine Issue 13 luxury Steven Kainth
 
Why most startup ecosystems suck
Why most startup ecosystems suckWhy most startup ecosystems suck
Why most startup ecosystems suckBenjamin Joffe
 
The Importance Of A Global Mindset
The Importance Of  A Global MindsetThe Importance Of  A Global Mindset
The Importance Of A Global Mindsetlocky1
 
The rise of crypto currencies dubai blockchain conference keynote january 8th...
The rise of crypto currencies dubai blockchain conference keynote january 8th...The rise of crypto currencies dubai blockchain conference keynote january 8th...
The rise of crypto currencies dubai blockchain conference keynote january 8th...Simon Cocking
 
Do Investors Matter?
Do Investors Matter?Do Investors Matter?
Do Investors Matter?Venkatesh Rao
 
NZs hidden metric, some pattern matching
NZs hidden metric, some pattern matchingNZs hidden metric, some pattern matching
NZs hidden metric, some pattern matchingAndy Hamilton
 

Similar to Nextweb2007 (13)

Funding in israel what do local ecosystem investors are looking for
Funding in israel   what do local ecosystem investors are looking forFunding in israel   what do local ecosystem investors are looking for
Funding in israel what do local ecosystem investors are looking for
 
Funding in Israel - What do local ecosystem investors are looking for
Funding in Israel - What do local ecosystem investors are looking forFunding in Israel - What do local ecosystem investors are looking for
Funding in Israel - What do local ecosystem investors are looking for
 
Procter & Gamble open innovation approach
Procter & Gamble open innovation approach Procter & Gamble open innovation approach
Procter & Gamble open innovation approach
 
Morning talk the 1th of November, Lasse Chor, Finding investors
Morning talk the 1th of November, Lasse Chor, Finding investorsMorning talk the 1th of November, Lasse Chor, Finding investors
Morning talk the 1th of November, Lasse Chor, Finding investors
 
Morning talk 1th of November, Lasse Chor
Morning talk 1th of November, Lasse ChorMorning talk 1th of November, Lasse Chor
Morning talk 1th of November, Lasse Chor
 
Dejan Roljic - Eligma - Growing Bitcoin Cities from Slovenia - Stanford Engin...
Dejan Roljic - Eligma - Growing Bitcoin Cities from Slovenia - Stanford Engin...Dejan Roljic - Eligma - Growing Bitcoin Cities from Slovenia - Stanford Engin...
Dejan Roljic - Eligma - Growing Bitcoin Cities from Slovenia - Stanford Engin...
 
What Every Startup And Corporate Should Know About Exits
What Every Startup And Corporate Should Know About ExitsWhat Every Startup And Corporate Should Know About Exits
What Every Startup And Corporate Should Know About Exits
 
Elluminate Magazine Issue 13 luxury
Elluminate Magazine Issue 13 luxury Elluminate Magazine Issue 13 luxury
Elluminate Magazine Issue 13 luxury
 
Why most startup ecosystems suck
Why most startup ecosystems suckWhy most startup ecosystems suck
Why most startup ecosystems suck
 
The Importance Of A Global Mindset
The Importance Of  A Global MindsetThe Importance Of  A Global Mindset
The Importance Of A Global Mindset
 
The rise of crypto currencies dubai blockchain conference keynote january 8th...
The rise of crypto currencies dubai blockchain conference keynote january 8th...The rise of crypto currencies dubai blockchain conference keynote january 8th...
The rise of crypto currencies dubai blockchain conference keynote january 8th...
 
Do Investors Matter?
Do Investors Matter?Do Investors Matter?
Do Investors Matter?
 
NZs hidden metric, some pattern matching
NZs hidden metric, some pattern matchingNZs hidden metric, some pattern matching
NZs hidden metric, some pattern matching
 

More from Saul Klein

New Palo Alto - Good Neighbours
New Palo Alto - Good NeighboursNew Palo Alto - Good Neighbours
New Palo Alto - Good NeighboursSaul Klein
 
Majority World Report 2016 - Web Summit Lisbon
Majority World Report 2016 - Web Summit Lisbon Majority World Report 2016 - Web Summit Lisbon
Majority World Report 2016 - Web Summit Lisbon Saul Klein
 
Beyond the Bubble Feb 2016
Beyond the Bubble  Feb 2016Beyond the Bubble  Feb 2016
Beyond the Bubble Feb 2016Saul Klein
 
Deloitte Fast50 - Nov 2015
Deloitte Fast50 - Nov 2015Deloitte Fast50 - Nov 2015
Deloitte Fast50 - Nov 2015Saul Klein
 
Majority World Report 2014
Majority World Report 2014Majority World Report 2014
Majority World Report 2014Saul Klein
 
Majority World Report 2015 - Dublin Web Summit
Majority World Report 2015 - Dublin Web SummitMajority World Report 2015 - Dublin Web Summit
Majority World Report 2015 - Dublin Web SummitSaul Klein
 
Barclays Hyperconnected Conference
Barclays Hyperconnected ConferenceBarclays Hyperconnected Conference
Barclays Hyperconnected ConferenceSaul Klein
 
Fast Growth Forum 2014
Fast Growth Forum 2014Fast Growth Forum 2014
Fast Growth Forum 2014Saul Klein
 
Majority World Report 2013 - Risks & Rewards
Majority World Report 2013 - Risks & RewardsMajority World Report 2013 - Risks & Rewards
Majority World Report 2013 - Risks & RewardsSaul Klein
 
PirateSummit 2012
PirateSummit 2012PirateSummit 2012
PirateSummit 2012Saul Klein
 
Seedcamp TLV stories
Seedcamp TLV storiesSeedcamp TLV stories
Seedcamp TLV storiesSaul Klein
 
Telling Great Stories & Learning to Listen
Telling Great Stories & Learning to ListenTelling Great Stories & Learning to Listen
Telling Great Stories & Learning to ListenSaul Klein
 
Travels Round the Internet - 2011
Travels Round the Internet - 2011Travels Round the Internet - 2011
Travels Round the Internet - 2011Saul Klein
 
Europe needs to learn to play nicely
Europe needs to learn to play nicelyEurope needs to learn to play nicely
Europe needs to learn to play nicelySaul Klein
 
Thoughts on European Start Ups
Thoughts on European Start UpsThoughts on European Start Ups
Thoughts on European Start UpsSaul Klein
 
Mit Sloan 0807
Mit Sloan 0807Mit Sloan 0807
Mit Sloan 0807Saul Klein
 

More from Saul Klein (17)

New Palo Alto - Good Neighbours
New Palo Alto - Good NeighboursNew Palo Alto - Good Neighbours
New Palo Alto - Good Neighbours
 
Majority World Report 2016 - Web Summit Lisbon
Majority World Report 2016 - Web Summit Lisbon Majority World Report 2016 - Web Summit Lisbon
Majority World Report 2016 - Web Summit Lisbon
 
Beyond the Bubble Feb 2016
Beyond the Bubble  Feb 2016Beyond the Bubble  Feb 2016
Beyond the Bubble Feb 2016
 
Deloitte Fast50 - Nov 2015
Deloitte Fast50 - Nov 2015Deloitte Fast50 - Nov 2015
Deloitte Fast50 - Nov 2015
 
Majority World Report 2014
Majority World Report 2014Majority World Report 2014
Majority World Report 2014
 
Majority World Report 2015 - Dublin Web Summit
Majority World Report 2015 - Dublin Web SummitMajority World Report 2015 - Dublin Web Summit
Majority World Report 2015 - Dublin Web Summit
 
Barclays Hyperconnected Conference
Barclays Hyperconnected ConferenceBarclays Hyperconnected Conference
Barclays Hyperconnected Conference
 
Fast Growth Forum 2014
Fast Growth Forum 2014Fast Growth Forum 2014
Fast Growth Forum 2014
 
Majority World Report 2013 - Risks & Rewards
Majority World Report 2013 - Risks & RewardsMajority World Report 2013 - Risks & Rewards
Majority World Report 2013 - Risks & Rewards
 
PirateSummit 2012
PirateSummit 2012PirateSummit 2012
PirateSummit 2012
 
Seedcamp TLV stories
Seedcamp TLV storiesSeedcamp TLV stories
Seedcamp TLV stories
 
Telling Great Stories & Learning to Listen
Telling Great Stories & Learning to ListenTelling Great Stories & Learning to Listen
Telling Great Stories & Learning to Listen
 
Travels Round the Internet - 2011
Travels Round the Internet - 2011Travels Round the Internet - 2011
Travels Round the Internet - 2011
 
Europe needs to learn to play nicely
Europe needs to learn to play nicelyEurope needs to learn to play nicely
Europe needs to learn to play nicely
 
Thoughts on European Start Ups
Thoughts on European Start UpsThoughts on European Start Ups
Thoughts on European Start Ups
 
Mit Sloan 0807
Mit Sloan 0807Mit Sloan 0807
Mit Sloan 0807
 
Index FOWA
Index FOWAIndex FOWA
Index FOWA
 

Recently uploaded

APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 

Recently uploaded (20)

APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 

Nextweb2007