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Highlights - Power to the European Founders

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Europe produces startups that go global earlier from small domestic markets, seed funding now competes with the US but late-stage capital lags by about 14×, which drives many scale-ups to transfer ownership to US investors; limited partners and pension funds are beginning to increase appetite, enabling predictions of multibillion‑dollar valuations, thousands of employees and serial acquirers, and a policy shift toward celebrating success and actively attracting late-stage capital.

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