Hub officially opened
In his official opening speech Willem Jonker EIT Digital CEO, were joined by EIT Digital Directors Anders Flodström, Klaus Beetz, Marko Turpeinen, and Roberto Saracco explaining EIT Digital Programs and Activities in Silicon Valley.
After the traditional ribbon-cutting ceremony Mauro Battocchi, Consul General of Italy, EU Chairmanship encouraged the audience to support EIT Digital in its effort to build a bridge between Europe and the US.
Europe must soften its attitude to failure
Duncan Logan, Founder and CEO of RocketSpace, pointed out in his talk that Europe must soften its attitude to failure. Nothing exceptional comes from playing it safe. Furthermore Europe needs to be patient for real accelerated growth of its tech ecosystem. We need cycles of success where staff of one great company success divides to start the next generation of success. Hulu, Quora, Twilio and Zeitgeist are all former employees of Amazon.com. Also, Europe needs to look for specialization to build mindshare before it gets market share. Logan wrapped up his presentation with some questions. Where is the best place in the world to build a drone company - Stockholm? Where is the best place in the world to build a gaming company - Berlin? Where is the best place in the world to build a Fintech Company - London? Where is the best place in the world to build a wearable company - Paris?