Europe needs more room to take risks — firing costs and unicorns
Does labor law predict unicorn creation? Across 10 Western economies, the months of salary it costs a large company to restructure (Coste & Coatanlem 2025, via Works in Progress) almost perfectly anticipates how many unicorns a country produces per million people — r = −0.96 on a
European unicorns created per year and cumulativedealroom.co
Where Europe over- and under-indexes by industry (last full year)dealroom.co
Where Europe over- and under-indexes by industry (last 12 months)dealroom.co
Top industries by VC funding in Europe (last quarter)dealroom.co
Top industries by VC funding in Europe (last full year)dealroom.co
Top industries by VC funding in Europe (last 12 months)dealroom.co
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