John Collison, president and co-founder of Stripe Inc., listens during a Bloomberg Studio 1.0 television interview in San Francisco, California, U.S., on Friday, March 23, 2018. Stripe Inc. provides payment software services and solutions by designing and producing software to process online credit and debit card payments. Photographer: David Paul Morris/Bloomberg
Europe has become increasingly competitive with Silicon Valley when it comes to creating successful technology companies, said John Collison, co-founder and president of payments company Stripe Inc.
Collison, speaking at Bloomberg’s Sooner Than You Think technology conference in Paris on May 22, said it’s no longer true that startups have to be in Northern California’s tech-centric region to raise sizable amounts of venture capital funding. Collison, who is Irish, co-founded San Francisco-based Stripe with his brother Patrick in 2010, but he said that if he were starting the company now he might choose to do so in Europe.
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