Slide 1

Europe: a VCs View (30 slides in 30 minutes) e-nnovation 2010

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Lost in translation

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@jd

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The Difference Engine

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How big?

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Elephant in the Room

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Total Capital Invested $mQ2 2009Q3 2009Q4 2009Q1 2010Total North America 2,4512,7783,3964,81013,435 Europe7259307486323,035 Ratio3.43.04.57.64.4

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Competition?

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North America or Silicon Valley?

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10 Year Revolution?

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Capital Continuum

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vs

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Sexy

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Europe?

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Next Gen

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Know how

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Support

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Its getting better man

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Time

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Rob a bank?

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Alternatives

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Less red tape

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Mobility of labour

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Stop crying

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Ambition

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Do something about it

Slide 31

Entrepreneurs do stuff