This document discusses the opportunities for European tech startups in a rapidly changing global landscape. It notes that the internet is growing enormously and will soon connect over 5 billion people, with most of the growth coming from China and India. However, Europe risks falling behind if it does not do more to support startups and diversity. Specifically, Europe needs more "zebras" - innovative companies with potential for exponential growth, rather than just "elephants" - long established companies. With the right mindset and policies, Europe could position itself as the best place for ambitious startups to thrive on a global scale.