Europe's Silicon Valley
Spotify Founder/CEO To Invest in European Tech Startups Source: Spotify Seed Money For European Entrepreneurs The founder and CEO of Europe's most valuable technology company - Spotify's Daniel Ek - is building a European Silicon Valley. Speaking at a technology conference, he said he will invest one-third of his personal wealth - 1 billion euros or $1.2 billion - into European technology startups. The highly successful entrepreneur says he will focus on "moonshot projects" in biotech, materials science and machine learning. Spotify 37 year old Ek's Spotify is a media services provider and audio streaming platform that recently offered a series of podcasts by former First Lady Michelle Obama. Spotify just announced an upcoming podcast series with Prince Harry and Megan Markle. Ek routinely flies 17 hours from his home in Stockholm to San Francisco, which is one of Spotify's headquarters. He says he