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Why Silicon Valley veterans are booking one-way tickets to Europe
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Please try again."></div> </div> </aside> </div> <div class="standfirst component "> <div class="component-content"> </div> </div> </header> </div> <div class="article__content js-article"> <div class="js-article-inner"> <div class="hero-area-wrapper"><div class="leadAsset section"> <div class="lead-asset component" itemscope itemtype="https://schema.org/ImageObject" itemprop="image"> <meta content="1280" itemprop="width"/> <meta content="799" itemprop="height"/> <meta itemprop="url" content="https://web.archive.org/web/20180919152948/https://www.telegraph.co.uk/content/dam/business/2018/09/18/TELEMMGLPICT000173348962-xlarge_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNoGXySPv9M1Jbe0Fc3Bi1Fk.jpeg"/> <div class="component-content"> <figure class="lead-asset__figure"> <span class="lead-asset-image-container"> <img class="responsive lead-asset__image" src="/web/20180919152948im_/https://www.telegraph.co.uk/content/dam/business/2018/09/18/TELEMMGLPICT000173348962_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNoGXySPv9M1Jbe0Fc3Bi1Fk.jpeg?imwidth=450" srcset="/web/20180919152948im_/https://www.telegraph.co.uk/content/dam/business/2018/09/18/TELEMMGLPICT000173348962_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNoGXySPv9M1Jbe0Fc3Bi1Fk.jpeg?imwidth=450 450w, /web/20180919152948im_/https://www.telegraph.co.uk/content/dam/business/2018/09/18/TELEMMGLPICT000173348962_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNoGXySPv9M1Jbe0Fc3Bi1Fk.jpeg?imwidth=900 900w, /web/20180919152948im_/https://www.telegraph.co.uk/content/dam/business/2018/09/18/TELEMMGLPICT000173348962_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNoGXySPv9M1Jbe0Fc3Bi1Fk.jpeg?imwidth=620 620w, /web/20180919152948im_/https://www.telegraph.co.uk/content/dam/business/2018/09/18/TELEMMGLPICT000173348962_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNoGXySPv9M1Jbe0Fc3Bi1Fk.jpeg?imwidth=1240 1240w, /web/20180919152948im_/https://www.telegraph.co.uk/content/dam/business/2018/09/18/TELEMMGLPICT000173348962_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNoGXySPv9M1Jbe0Fc3Bi1Fk.jpeg?imwidth=700 700w, /web/20180919152948im_/https://www.telegraph.co.uk/content/dam/business/2018/09/18/TELEMMGLPICT000173348962_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNoGXySPv9M1Jbe0Fc3Bi1Fk.jpeg?imwidth=1400 1400w" alt="Employees work on computers at Facebook's San Francisco office" sizes="100vw,(min-width: 480px) 450px,(min-width: 730px) 700px,(min-width: 1008px) 620px"/> </span> <figcaption> <span itemprop="caption" class="lead-asset-caption">Silicon Valley remains a big draw for European technology founders and entrepreneurs</span> <span itemprop="copyrightHolder" class="lead-asset-copyright"> <span class="lead-asset-copyright-label">Credit:</span> Michael Short/Bloomberg </span> </figcaption> </figure> </div> </div> </div> </div> <span id="polar-ad-article-top"></span> <meta itemprop="datePublished" content="2018-09-19T07:46+0100"/> <article itemprop="articleBody" data-insert-mobile-adslot> <div class="articleBodyText section version-2"> <div class="article-body-text component version-2"> <div class="component-content"> <p><span class="m_first-letter m_first-letter--flagged">T</span>hree years ago this month I returned to Europe after a near 10-year stint in Silicon Valley, which included executive roles at Uber and Dropbox.</p> <p>Back on home turf and striking up conversations both at events and as an investor, I began to observe a trend: a steady flow of European entrepreneurs and technologists were starting to buy one-way tickets home from the Valley.</p> <p>These "Valley Veterans" – as I describe them – have returned with a West Coast outlook: they were globally ambitious, had deep networks and were steeped in the Valley's hardknock ways. 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style="padding-bottom:62.19%;" data-asset-type="article"> <noscript> <img src="/web/20180919152948im_/https://www.telegraph.co.uk/content/dam/technology/2018/09/19/oxbotica_funding-small_trans_NvBQzQNjv4BqZgEkZX3M936N5BQK4Va8RUbgHFEZVI1Pljic_pW9c90.jpg" alt="Oxbotica" width="320" height="199" class="responsive-image--fallback"/> </noscript> </div> </a> <div class="list-of-entities__item-body"> <span class="m_meta-property"> <time class="m_meta-property__date" title="19 Sep 2018, 4:10pm" datetime="2018-09-19T04:10:00" itemprop="datePublished" pubdate> <span class="m_meta-property__date-date">19 Sep 2018</span><span class="m_meta-property__date-separator">,</span> <span class="m_meta-property__date-time">4:10pm</span> </time> </span> <h3 class="list-of-entities__item-body-headline"> <a href="/web/20180919152948/https://www.telegraph.co.uk/technology/2018/09/19/oxbotica-raises-14m-first-funding-round/">Oxbotica to double workforce after raising £14m in first funding round</a> </h3> </div> 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