Category Archives: VC industry: Good or Evil?

Here is the Top 15 of VC funds by job creation in Europe in 2013 (… so far)

I’ve just found out about Ventureloop.com. This website provides what looks like a pretty comprehensive listing of available job positions in VC-backed companies throughout the world.

I thought it would be interesting to crunch that data to see what insights it can provide. Having a vested interested in the EU innovation eco-system I focused my analysis on the top 5 EU countries by number of jobs listed in the Ventureloop database for the period 15 of January to 28 of February 2013 (i.e. 7 weeks), which were as follows:

  1. the UK with c.900 jobs (49% were in the Greater London area)
  2. Germany with c.290 jobs
  3. Sweden with c.150 jobs
  4. the Netherlands with c.70 jobs
  5. France with c.70 jobs

In total 1,465 jobs were listed on the Ventureloop website over the last 7 weeks. If job creation is equally distributed over time and assuming the Ventureloop database is exhaustive this would amount to a total of c.11,000 jobs created by VC-backed start-ups in Europe in 2013… not bad!!

I tried accessing older job listings from the Ventureloop database, via the Wayback Machine (web.archive.org) but they were not available. I may carry out this analysis again in 3 months to see how the results presented below evolve over time.

With no further ado, here goes the output of my data crunching (click on the pictures to enlarge):

VC job creation_1

VC job creation_2

Based on this analysis, the Top 15 of VC funds based on job creation* in Europe was as follows in descending order:

Rank VC fund name Total jobs created
1 Index Ventures 312
2 Balderton Capital 130
3 Wellington Partners 92
4 Accel Partners 92
5 Sequoia Capital 90
6 Draper Fisher Jurvetson 72
7 Bessemer Venture Partners 71
8 Summit Partners 65
9 Benchmark Capital 63
10 First Round Capital 46
11 Sigma West 41
12 Kleiner Perkins Caufield & Byers 38
13 North Bridge Venture Partners 26
14 Northzone 25
15 Meritech Capital 21

I will shortly publish another post, showing how this job creation was split by start-up and by industry segment – watch this space 😉

Note:

*In cases where a start-up was backed by several VC funds I assumed an equal share of capital investment from VC backers and distributed to each VC fund an equal contribution of job creation. For instance a start-up with 3 backers with 5 jobs offering would result in a job creation of 5/3=1.66 attributed to each of the 3 VC funds