Yarden VC in Paris
May 17, 2012 Leave a Comment
Yarden Venture Capital continues on its world tour and is now based in Paris to look into and possibly invest in European tech startups. The tech startup scene has become much more international in the last five years, and as we have seen in Latin America and Asia, where we spent several months, many entrepreneurs are creating new applications and platforms for the growing number of people using smartphones and tablets.
Here are some trends we see in Europe and why we are looking to invest here:
(1) People in Europe have adopted tablets and smartphones in massive numbers, which means a move to a platform (mobile) that has a very large international audience. Startups in Europe developing for mobile will therefore have a worldwide market instead of just a local market.
(2) Climate for entrepreneurship has changed for the better. In the past, Europeans have been reluctant to start their own businesses, but that has changed with the new generation.
(3) More serial entrepreneurs in Europe mean more second, third and fourth startups by seasoned founders and a network of excellent mentors.
(4) More vibrant venture and seed capital scene: more VCs and seed investors are putting money in European startups.
Yarden VC will be looking at startups in the mobile and Internet spaces, not just those based in France, but also startups based in the UK, the Netherlands, Germany, Finland, Scandinavia, Spain, Russia and Eastern Europe.