California calling European tech start-ups

"My advice to European start-ups: You should move here."

European tech start-ups are eyeing an early move to the U.S. West Coast, lured by the deeper pockets and stronger track record of venture capitalists in Silicon Valley.

The trend is especially apparent in the red hot wireless technology where, not long ago, European cellphone heavyweights Nokia and Ericsson led innovation.

Now the focus has almost entirely shifted to the U.S. West Coast, the home of Apple and Google, which have taken the industry by storm.

By Tarmo Virki, European Technology Correspondent

Full Story: http://93rockon.com/news/articles/2010/dec/16/analysis-california-calling-european-tech-start-up/