INSUBCONTINENT EXCLUSIVE:
that covers SaaS, marketplaces, fintech and insurtech, as well as a big focus on mobility.TechCrunch sat down with general partner Shmuel
serious about Barcelona it seemed to us that Barcelona has the attributes of Berlin eight or nine years ago
When I at least started coming to Berlin and Lina moved to Berlin, it has the same attributes
So London is the original ex-pat city of Europe and it still is amazing but very, very expensive
Salaries here are quite low but the quality of living is quite high and that makes it very good for startups
Particularly when you need young people, developers, creative people to move
There is no banking industry sucking people in with high salaries
And also driving costs up
It is in its culture a very creative city, a very open, very creative city and that I think is also very important.And lastly, there are
these early success stories that fuel the idea of entrepreneurship and also fuel financial entrepreneurship
And they can help you figure things out
Because you look at a lot of people starting funds, and we were just talking on the way about the Ticketbis guys
grow.Rocket Internet did a lot of that in Germany
They had early exits and then they went and plowed it all back into the ecosystem in their own particular way
So I think there are more and more people like that that we see here.That usually fuels the ecosystem
have that second market built-in
There are not these big dominant industries
