{"id":646721,"date":"2024-12-13T15:40:16","date_gmt":"2024-12-13T12:40:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/europe-just-needs-time-to-spawn-more-winners\/"},"modified":"2024-12-13T15:40:16","modified_gmt":"2024-12-13T12:40:16","slug":"europe-just-needs-time-to-spawn-more-winners","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/europe-just-needs-time-to-spawn-more-winners\/","title":{"rendered":"#Europe just needs time to spawn more winners"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2e3c9fe1693\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2e3c9fe1693\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/europe-just-needs-time-to-spawn-more-winners\/#Europes_startup_ecosystem_just_needs_time\" >Europe\u2019s startup ecosystem just needs time<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/img-cdn.tnwcdn.com\/image?fit=796%2C417&amp;url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F12%2FJH_rbbasement_20241203_0080-e1734080849680.jpg&amp;signature=02c54e54b96cff1dc261de77e5e16af4\" \/><\/p>\n<div id=\"article-main-content\">\n<p><span style=\"font-weight: 400;\">Microsoft probably needs no introduction. But in case you are not familiar with the Microsoft for Startups program, it is an initiative that provides free licences and Azure credits to selected software entrepreneurs over the course of three years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Needless to say, its <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> manager, Hans Yang, is somewhat of an expert when it comes to identifying the ideas that will make it to market and that particular drive he calls \u201cfounder energy.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWith some founders, it is im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>te \u2014 you can see it right off the bat,\u201d Yang tells TNW during an interview at the <\/span><span style=\"font-weight: 400;\">Red Bull Basement global final<\/span><span style=\"font-weight: 400;\"> where he is acting as a judge. \u201cA lot of times you can see the hustle, and you can see them describe their vision clearly and articulately.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, Yang adds that he thinks there are just as many cases of brilliant technical minds where all of the insight and depth is more contained inside their head. \u201cThey can express that in a product, or in <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lication or service, but they don\u2019t necessarily know how to express that to the outside world yet, and I think there is room for that kind of founder too.\u201d\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And how does one go about unlocking a founder like that? \u201cIt\u2019s honestly just access,\u201d Yang says. \u201cOf course there\u2019s access to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and tools, but I think it\u2019s also about access to expertise \u2014 to the right experts and mentors.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Which is why competitions like Red Bull Basement, where finalists are offered workshops on how to craft a compelling pitch and business model, and other initiatives (such as the <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/the-next-web_thats-a-wrap-on-the-soonicorn-summit-2024-activity-7268203501007110144-thwA?utm_source=share&amp;utm_medium=member_desktop\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">TNW Soonicorn<\/span><\/a><span style=\"font-weight: 400;\"> summit) matter. \u201cAs Microsoft for Startups, we can go and give them credits, which gives them access to cloud compute and AI workloads, and can offset some of the cost,\u201d Yang says.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBut we don\u2019t necessarily have the opportunity to tell them \u2018hey, when you pitch to an investor, make sure you\u2019re leading with the size of the problem and the potential market opportunity that you\u2019re going after, and how you\u2019ve looked at the competition and you believe that your solution is better because it is faster, more efficient, more capable, etc\u2019.\u201d\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Europes_startup_ecosystem_just_needs_time\"><\/span><strong>Europe\u2019s startup ecosystem just needs time<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Along with a mounting discourse around technological and digital \u201csovereignty,\u201d the conversation in Europe has also revolved around how the continent\u2019s startups are lagging behind its counterparts across the Atlantic.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Initiatives like <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.eu-inc.org\/\" target=\"_blank\" rel=\"nofollow noopener\">EU Inc<\/a>, which wants to create a pan-European legal entity to help startups expand and raise funds more easily throughout the bloc, lament the discrepancy in maturity between the US and EU ecosystems.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even the reaffirmed Commission President Ursula von der Leyen stated in October this year that European companies \u201cface way too many national barriers that make it hard to work Europe-wide, and way too much regulatory burden.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yang, however, is optimistic. He believes that, given time and as alumni from successful startups return to build companies in their home countries (such as France\u2019s AI darling Mistral, founded by former DeepMind and Meta employees) the European tech startup ecosystem will mature to the level of that of the US \u2014 similarly to what has happened in Taiwan.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThere was a large movement to bring Taiwanese talent to the US,\u201d Yang, who is of Taiwanese descent, says. \u201cMy parents both went to graduate school in the US, and they had many classmates who came from Taiwan, but then went back. And when you look at the semiconductor industry, much of that was built on the back of essentially boomerangs \u2014 folks that went to the US, but then came back to their home country.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When the Draghi report on the future of EU competitiveness was released in October this year, it named an \u201cinnovation gap\u201d as one of the main culprits to the bloc\u2019s trailing other areas. On a mission to close said gap, the EU has named its very first Commissioner for Startups, tasked with driving \u201cambition to put research and innovation, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">science<\/a>, and technology at the centre\u201d of the EU economy. This includes creating a \u201ctrusted\u201d network of deep tech investors across the continent. <\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">\u201cI wouldn\u2019t necessarily say that the European ecosystem is behind from an innovation perspective,\u201d Yang says. \u201cI think when you talk about size and scale, yes, it\u2019s true, but only because there\u2019s been more cycles of venture investors investing in startups [in the US]. The ecosystem has just had more time to develop. So I think that Europe honestly just needs time to have the winners \u2014 which then spawn the next generation of winners after that.\u201d<\/span><\/p>\n<\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/technology\/\" target=\"_blank\" >Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/head-microsoft-startups-europe-ecosystem-time-winners\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft probably needs no introduction. But in case you are not familiar with the Microsoft for Startups program, it is an initiative that provides free licences and Azure credits to selected software entrepreneurs over the course of three years.\u00a0 Needless to say, its general manager, Hans Yang, is somewhat of an expert when it comes&#8230;<\/p>\n","protected":false},"author":1,"featured_media":646722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F12%2FJH_rbbasement_20241203_0080-e1734080849680.jpg&signature=8310d479dc632c97a42a1690df36347f","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-646721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/646721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=646721"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/646721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/646722"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=646721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=646721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=646721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}