A nice article by Elizabeth “Beezer” Clarkson of Sapphire Ventures (formally SAP Ventures) on why they are investing in European venture funds. Our view is that a number of really important clusters of activity are forming in Europe, and there are some very exciting companies being created. US corporates are increasing their M&A activity in Europe, recognising that great tech and teams are being built here. Could this be the start of a new golden age for European tech?