Venture-funded firms created 630K European jobs in 2000-2004

VC-funded firms contributed heavily to European employment figures, with 630,000 new jobs created by venture-backed European firms between 2000 and 2004. Employment increased by 30.

VC-funded firms contributed heavily to European employment figures, with 630,000 new jobs created by venture-backed European firms between 2000 and 2004. Employment increased by 30.5% per year between 1997 and 2004, European Private Equity and Venture Capital Association says.