Over $400 billion has been erased from the value of Europe's tech industry this year

Sverige Nyheter Nyheter

Over $400 billion has been erased from the value of Europe's tech industry this year
Sverige Senaste nytt,Sverige Rubriker

The combined value of all public and private European tech firms has fallen from to $2.7 trillion from a peak of $3.1 trillion in late 2021, a new report says.

This year saw a reversal of that trend, with foreign investors largely retreating. The number of active U.S. investors in "mega rounds" of $100 million or more dropped 22% from last year.

The rate of unicorn creation also slowed, with the number of new $1 billion-plus unicorns minted in 2022 falling to 31 from 105 last year. "There's a lot of upside," Roman told CNBC Monday. "Right now, we've seen through the year, the beginning of last year, the software and internet markets revaluing, I think that's quite positive and healthy. It's been in strong bubble territory for some time."

 

Klarna is a piece of junk

“Value”

Sverige Senaste nytt, Sverige Rubriker



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