While global e-commerce sales are on course to grow to 4.8 trillion…
Only a few years ago, many VCs wondered where the European exits were. But European tech has clearly come a long way. Between 2014 and 2016, Europe had 565 venture backed(1) exits totaling €90 billion in value. That’s €30 billion in VC backed exits on average each year. By number of deals, 2016 was a record with 254 VC-backed exits.
Is it enough to deliver adequate returns to venture capital? To find out, we looked at 1,571 European exits between 2014 and 2016, in combination with 10-year historic VC investment data.
Note 1: venture backed or VC-backed exit = sale by company which raised venture capital during its development.