We are accustomed to hearing that European tech is perpetually in Silicon Valley’s shadow. Now there have been suggestions that the local techs cene is starting to feel Silicon Valley’s valuation woes.
If true, this should raise alarm bells, because if European technology startups struggle to raise money from wary investors, it could hit the brakes on Europe’s budding digital economy just as the EU begins ramping up its tech industry, preparing for a digital single market.
http://techcrunch.com/2016/03/24/as-silicon-valley-chills-europes-tech-gets-hotter/