A new report has shone a light on the impact that European and Israeli unicorns have had on the broader technology ecosystem since the global economic crisis 14 years ago.
The report, titled Europe and Israel’s Startup Founder Factories, was produced by VC firm Accel with heavy support from startup and VC data platform Dealroom. It reveals that of the 344 VC-backed unicorns since 2008, nearly two-thirds (203) have led to at least one startup being founded by former employees, with 1,018 tech startups emerging in total.
Founded back in 2005, French adtech giant Criteo leads the pack with
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