PaidContent: Balderton involved in 5 of the 13 $250m Software exits since 2008Europe’s digital media economy is doing just fine, if investor returns are anything to go by - Lovefilm is only one of 13 online companies which have, in the last three years, exited at valuations over $250 million, according to one of the VCs behind the deal.
Balderton partner Dharmash Mistry shared with us his own tally of European software success stories...
[See http://paidcontent.co.uk/table/euroexits for table of European private software company exits since 2008]
A recent trend has seen Atlas switching focus away from Europe to Boston and Index, whilst remaining UK based, opening a full-time Bay Area outpost.
Mistry tells us: “The industry is increasingly global. We are very much European-centric, but global. A third of our portfolio is based outside of Europe.
“These are software businesses - once you’ve built them, they’re pretty scalable on a global basis. It’s no surprise many of us are spending much of our time building global companies.”