In the final days of SuperReturn in Berlin, SpaceX priced the largest IPO in history, raising $75 billion at a valuation near $1.75 trillion, and later growing to over $2 trillion. I had spent that week in Berlin and the week before at South Summit in Madrid.
For a decade I have argued that talent is global and capital is provincial.
Two weeks of conferences left me with a sharper version of the same point: tech has globalized, but the money has not (yet) caught up. READ MORE