Great post from Gil Dibner on the Microsoft/6Wunderkinder acquisition, particularly the explanation of the economics of the deal from the venture capital investors' perspective. This is a solid, albeit not earth shattering, exit.
It's also very interesting to see that Microsoft has looked to Europe for two recent deals (this one and Sunrise in February) as it seeks to build a cross platform, cloud based, mobile first productivity suite. We're seeing increasing demand from US buyers for great European tech companies, so we expect to see a lot more deals being done. More exits, more money, more success stories, more serial entrepreneurs - all good news for the European tech eco-system.
Wake up call #3: There is a very high bar, and this stuff is hard. As impressive as the Wunderlist exit is, it still leaves a lot to be desired in terms of size and value created. Exits of this size just don’t move the needle for major US (or even European) VCs. To really build a sustainable tech eco-system in Europe, we’re going to have to do even better than this – think Qlikview, Tableau, SAP (or in consumer-land: Spotify, Skype)