This is a repost of the original editorial of Issue 8 of CoFounder Magazine, published in the winter of 2017.
For startups it is even flatter than for many other industries.
The world map here pretty much shows the state of the European startup sector as we enter 2017.
And this totally global map covers barely half-a-dozen teams in a small European accelerator, Startup Wise Guys.
They have co-founders from India, Australia, Silicon Valley and from everywhere in between.
Countries in Europe are increasingly competing for the innovators from all around the world, creating separate visa programmes or, in the case of Estonia, even a virtual citizenship programme to expand the reach of the country to online, making it almost a Second World.