January 5, 2017
By Mark Littlewood
European Scale-Ups Report 2016
There are lots of interesting trends in this report on emerging trends in European scale-ups in the tech sector. The rise of Paris as a tech hub for example. As with many reports, companies are increasingly defined as a thing – a unicorn, a scale-up – based on a measure of funding raised or valuation attained.
Just as you probably don’t judge a chef based on the amount of money they spend on raw materials, we shouldn’t judge a company based on the amount of money they have raised.