Mike Butcher from TechCrunch noted that year 2007 saw lot of activity concerning European startups, with Webex, Double click,Reuters, Aquantive being the more productive.

Market clearly picked last year, but then prices started to fall.

Recent investments were:

• networks go niche (the updown, kindo, visible path)
• advertisers get smarter (adinfuse, smaato, consorte)
• everything goes mobile (mystrands, sreamezzo, betnow)
• return of professional content (tvtrip, videojug)
• media becomes immersive (superscape, payfirst)
• shopping gets social
• software in the sky

What next?

There is still lots of activity (such as stupeflix, floobs, rummble, second brain). Plus, Europe is getting connected

Key strenghts in Europe:

• social applications
• mobile/3g
• data creation
• first class engineering

Weakness:

• fear of failure
• smaller local markets
• need more 2nd and 3rd enterpreneurs

On the positive side:

• ability to deal with diverse markets
• mobile
• state support for startups

Mobile helps change the rules