U.S. tech investor Coatue plans to set up an office in Europe

U.S. tech investor Coatue plans to set up an office in Europe

October 7, 2021: -U.S. hedge fund Coatue Management has planned to set up a new office in Europe as part of an effort to capitalize on the continent’s surging tech industry.

“We currently have offices in New York, San Francisco, and Hong Kong, and we’re excited to an office in Europe at some point shortly,” Coatue Ventures Chairman Dan Rose said to CNBC.

“We believe Europe is emerging as a prime innovation hub in both the public and private markets, as evidenced by the increase in venture capital activity across the continent,” said Rose. She was an executive at Facebook and Amazon.

The New York-headquartered company is one of the most prominent tech investors globally, and it’s been pumping billions of dollars into fast-growing companies that it believes will get bigger.

Notable investments from the firm founded in 1999 by Philippe Laffont and Thomas Laffont include TikTok parent-company ByteDance, Snap, and Spotify.

A source in the venture capital industry told CNBC that Coatue has been struggling to find the right people hiring in Europe, who added that the office is most to be in London.

“There’s a huge scarcity of talent,” the person said, asking to remain anonymous because of the nature of the discussion.

The anticipated arrival of Coatue in Europe comes below a year after renowned Silicon Valley venture capital firm Sequoia opening a new office in London.

The CNBC source said that several other prominent U.S. tech investment firms are looks to hire people on the ground in Europe.

About Us

We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.

Recent Posts

Noodle.ai | Make Profit Not Waste | Stephen Pratt

Supply chain leaders, including VPs, often find themselves making bets with unknown financial consequences. Having started with largely infeasible plans generated by deterministic “one-number” planning systems, compounded by unexpected supply or demand disruptions, they are forced into last-minute adjustments to meet operational and financial goals.

Intelichain | Revolutionary Supply Chain Planning Solutions | Roei Aviram

Unsurprisingly, today’s supply chain faces numerous issues, including sustainability, technology, global economic and political instability, talent management, and supply chain resilience. Advanced forecasting algorithms and predictive analytics are used in supply chain management to help organizations of all sizes make better decisions by providing insights into what’s going on in their business at any given moment and predicting future trends.

GAINS | Empowering Companies to Make the Right Decision | Bill Benton

Ensuring the right products are in the right place and at the right time is critical for companies also dealing with supply chain constraints and a high degree of variability. Uncertainty has become the name of the game and the only way to effectively optimize inventory through continuous, data-driven assessments, planning, and decision-making.

Extensiv | Creating the Future of Omnichannel Fulfillment | Sheridan Richey

Food Huggers, a consumer brand that designs products to reduce waste at home, may be in an enviable position now but before they found Extensiv Order Manager, managing booming orders and staying on top of inventory was a huge operational challenge. The business has inventory spread across multiple geographically distributed warehouses, with orders received via multiple sales channels, including Shopify storefronts and Amazon.

Chainguard | Making Supply Chain Secure | Dan Lorenc

By late 202, the alarm bells were just starting to ring. Researchers discovered that Russian spies had months earlier burrowed deep into the networks of several U.S. federal networks. The spies, working for Russia’s foreign intelligence service, had first targeted SolarWinds, an IT company whose software helps to remotely manage the networks of thousands of businesses, Fortune 500 organizations and federal government agencies.