Europe heads up the world tech

    Silicon Valley has been a globally recognized leader in tech development and a key trendsetter in the latest years. Meanwhile, European hubs have been trying hard to catch up with the American competitors. And now the international experts talk about a negative valuation trend occurring among the US companies: valuations of several fast-developing tech firms have notably decreased. This can also be seen in a Downround Tracker prepared by CB Insights and analyzing unicorns that recently failed, where more than 80% of the listed startups originate in the US. Surprisingly, this negative wave hasn’t yet spread on to…

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