Best of the financial columnists
Europe’s thriving unicorns
Editorial
The Economist
European tech firms suffered more than their US counterparts after the 2008 financial crisis, but there’s a chance that the continent’s 150-odd unicorns (private firms worth more than $1bn) will “weather the storm” better this time around, says The Economist. Last year was a “smasher” in Europe, with venture-capital (VC) investments exceeding €100bn. Success breeds success. The structure of the European tech ecosystem is “more robust”, European entrepreneurs are more experienced, and capital is being accumulated. If
