It's best not to forget that chasing this river of cash are 25,000 local Silicon Valley start-ups - it is a hyper-competitive field, and it's difficult for European companies to access this funding without the right opportunity, advice, contacts and planning.
via @FT / John Gapper Investors eager to throw money at start-ups that look as if they can create a brave new world Silicon Valley is at one of those historic moments when a set of technologies start to work — and to work together — in unexpected ways. In this case, the interaction of mobile, robotic and artificial intelligence is producing a wave of applications and devices, from voice-activated software to self-driving cars. The machine knows what you want and where you are, and is steadily learning how to serve you.