Number of top tier teams built from Europe has more than doubled This data can also be used to answer key questions, such as whether capital 昀氀ows disproportionately to the strongest teams, or whether more companies are able to build exceptional teams in tech from Europe today compared to 10 years ago. On the 昀椀rst point, the data does indeed support the idea that the stronger the team you build, the more likely you are to hit funding milestones and the greater your access to capital. At one year after founding, the share of companies that have since raised Seed stage funding have a 3x greater concentration of teams rated exceptional than the baseline for all companies. By 昀椀ve years after founding, the gap between the control baseline and those companies that have gone on to successfully raise across multiple critical funding mile- stones widens to a staggering 10x. Furthermore, when comparing the concentration of ‘exceptional teams among the 2014 and 2013 cohort of founding, the share of top tier teams has doubled across all stages of maturity. Europe’s greatest strength when it comes to talent is its richness in diversity. With diverse backgrounds, education, and mindsets, Europe has a lot to offer. As a VP of people, it is essential for me to work in an organization that is diverse and complementary. Emilie Tyan VP of People, Reveal I strongly believe that diversity is based on diverse educational backgrounds. Furthermore, for a company to grow, it needs to be challenged both externally and internally. To achieve this, we must ensure that we do not replicate the same team members and create a very identical company. Europe’s strength is based on its diversity and how different it is across the same united zone. 187 | Talent