10 Tech Giants That Are (Almost All) in Bad Shape

European Straits #149

Hi, it’s Nicolas from The Family. Many US tech giants have been going through a rough patch recently. And so today I simply wanted to sift through the list and assess the situation.

For three years now, Tom Wehmeier, partner at Atomico, has overseen the annual publication of the firm’s State of European Tech Report. Tom’s report is a much-needed effort at documenting what’s happening in the European startup world and at making Europe more aware of its own state of affairs. We need to know where we stand if we ever want to move forward. Gathering and highlighting data on everything that’s happening across the continent is the right approach to do just that.

This year’s report has just been released, coinciding with the Slush conference, and the core message is that things are going well. As summed up by my colleagues at Sifted, there’s more money, more ambition, booming sectors such as fintech, and more capital flowing in from all around the world.

That being said, we should also curb our…