GP Bullhound European Unicorns 2016: Survival of the Fittest
The most recent report from GP Bullhound European Unicorns 2016 Survival of the Fittest shows the continuing trend of how the UK is leading the way in AI, open data, block chain and tech enabled verticals from bio, to health, to education to fin and reg tech.
The report also notes that Europe’s tech Unicorns are starting to outperform their American counterparts, particularly in terms of revenue generation.
“When you look at businesses in the $1bn to $3bn range, what we lack in quantity we more than make up for in terms of quality,” says GP Bullhound’s Manish Madhvani, who believes that “the ecosystem exists for one of our Unicorns to push forward and reach a $10bn or $100bn valuation in the next five years.”
