Observed Signal · Jun 7, 2023 · Research Report · Source: Trending Topics · Impact: 2/5 · Sentiment: Neutral
84% of European Investors Call Unicorns Overvalued
Speedinvest, together with the Technical University of Munich, published results from what it calls the largest survey to date among European venture capital investors. The study queried 437 individual investors across Europe about their investment approaches and their view of the European startup ecosystem versus the US market. The headline finding is that 84% of respondents believe Europe's unicorns are overvalued. Other results show that 49% of VCs consider the management team the most important factor in an investment decision, while 42% rely on gut feeling when first meeting a team. The survey also found that 87% of investors consider Europe a highly fragmented ecosystem, citing cultural differences, maturity of local ecosystems, and regulatory environments as main causes. Despite this, 76% of VCs report an influx of US investors into Europe, indicating continued appetite for European startups.
Provides insights into European VC sentiment and startup funding environment, which indirectly affects AdTech/MarTech startup investments.
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Key Takeaways & Evidence Grounding
- Speedinvest and TU Munich surveyed 437 individual European investors.
- 84% of investors believe Europe's unicorns are overvalued.
- 49% of VCs say the management team is the most important factor in investment decisions.
- 87% of investors believe Europe is a highly fragmented ecosystem.
- 76% of VCs report an influx of US investors to Europe despite market volatility.
Connected Companies & Entities
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