1. Spotify, SE (8,5) | 2. Global Fashion Group, NL (3,4) | 3. Delivery Hero, DE (3,1) | 4. Hello Fresh, DE (2,9) | 5. Powa, GB (2,7) | Source: Wall Street Journal
Opportunities for business rarely come to mind when countries like Afghanistan or Bolivia come up. That’s something that young entrepreneurs are trying to change, and they are getting some support from Germany.
Facebook, Amazon, Google — why did they get so big, so fast? Economists say winner-takes-all "network effects" make such firms natural monopolies — and that we can expect network effects to become ever more important.
The German startup sector pales in size and clout to the industries that traditionally steer the economy, from carmakers to steel producers. Yet what they lack for in size, startups make up for in promise.
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