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Facebook is worth twice as much as all of Europe’s tech “unicorns” put together

jos
By jos
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“Unicorns,” is the term the industry insists on calling startups valued at $1 billion or more. 13 European tech companies crossed the $1-billion barrier. In the same 12-month period, the United States produced 22 billion-dollar startups. And America’s tech companies remain far more highly valued than Europe’s. Airbnb’s $20-billion value is worth more than than all four of Germany’s unicorns. At $40 billion, Uber alone is worth as much as every billion-dollar tech company in Britain (of which there are 17). Facebook’s market cap, at $275 billion, is more than twice the $120 billion value of every European unicorn put together. Moreover, three European companies lost their $1 billion valuations over the past year, dropping out of the “unicorn club”.

The report will generate mixed emotions in Brussels, where the European Commission is in the midst of a massive push to make Europe’s technology industry more globally competitive, and to reduce local business and consumer reliance on American firms. 

 

american_tech_giants_vs_european_-unicor

Source:gpbullhound

GP Bullhound, an investment bank that focuses on the technology sector

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Well duh. Facebook is the biggest thing there is.

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the UK, Germany and Sweden are not part of Europe? :P

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the UK, Germany and Sweden are not part of Europe? :P

Maybe they showed numbers of Europe as a whole and the biggest 3 countries separate another time (so Sweden, UK and Germany are included in the Europe number, but they are significant enough to be shown on their own too)

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We are only considering tech companies. but all are included

 

Huh? thats nothing to do with what I said haha

 

Maybe they showed numbers of Europe as a whole and the biggest 3 countries separate another time (so Sweden, UK and Germany are included in the Europe number, but they are significant enough to be shown on their own too)

 

I was mostly joking aha but yeah most probably the 3 biggest contributors, so they should be added together to be 204.5 billion, not 140 billion

 

no?

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No Microsoft?

 

the value of ms isn't as high as you might think - while the revenue is ginormous, the price of shares doesn't necessarily reflect it.

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Meh, I've never really seen Europe as the centre of tech anyway, it would've made sense to compare it against Asia, or better still the proper continent Eurasia.

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Meh, I've never really seen Europe as the centre of tech anyway, it would've made sense to compare it against Asia, or better still the proper continent Eurasia.

 

 

Maybe it's europe as in those using the Euro.. But then again that includes Germany...

 

 

Tech is HUGE in europe.. but you see much less of the Huge corporations than in the states, or they are bought out by US corporations..

 

Notice a distinct lack of Amazon on there too.

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I was mostly joking aha but yeah most probably the 3 biggest contributors, so they should be added together to be 204.5 billion, not 140 billion

 

no?

I assume that it's showing the collective amount of Europe (which contains those 3) and then show those 3 as their own, since they are big contributors to it. Really hard to tell though.

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I assume that it's showing the collective amount of Europe (which contains those 3) and then show those 3 as their own, since they are big contributors to it. Really hard to tell though.

 

Yeah maybe, but you cant list things like that without explaining it haha

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the value of ms isn't as high as you might think - while the revenue is ginormous, the price of shares doesn't necessarily reflect it.

These are around the numbers that Forbes has on their site. 

Apple

Google

Facebook

and Microsoft. They are in the top it seems, beating everyone except Apple.

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These are around the numbers that Forbes has on their site. 

Apple

Google

Facebook

and Microsoft. They are in the top it seems, beating everyone except Apple.

 

which is expected, but bare in mind apple is smaller than ms by a substantial deal.

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