Europe produces about 36 percent of global start-ups but only about 14 percent of the world's unicorns

https://www.mckinsey.com/~/media/McKinsey/Industries/Technology%20Media%20and%20Telecommunications/High%20Tech/Our%20Insights/Europes%20start%20up%20ecosystem%20Heating%20up%20but%20still%20facing%20challenges/Europes-start-up-ecosystem-Heating-up-but-still-facing-challenges-vF.pdf