The European tech ecosystem is in a strange place.
Investment is pouring in, the ecosystem is primed for growth, but there isn’t enough talent going around.
In the second quarter of 2019, the VC investment in this sector jumped from €5.8bn in the second quarter of last year to a new record of €9.3bn.
There are more unicorns, initial public offerings, and new startups than ever before. Sectors such as fintech, mobility and healthtech are particularly booming.
However, according to Tara Sinclair, chief economist at Indeed, “European employers… have large numbers of vacancies and not enough candidates to fill them.”
I wrote this piece for Sifted.eu so it's only fair that I link to them. Their coverage of the European startup scene is fantastic, so I encourage you to check them out.