Lively Start ups across the pond... in Europe

In late 2000 a couple of students at Stanford University's Graduate School of Business, Eric H. Baker and Jeff Fluhr, came up with a nifty idea to create an online ticket exchange. They launched the company in San Francisco, and it quickly took off. By 2003, StubHub Inc. (EBAY) had turned its first profit after selling $60 million worth of tickets to baseball games and other events.

Soon, with StubHub thriving, Baker was ready for a second act, far from Silicon Valley. In 2005 he moved to London to launch viagogo, an online ticket agency for Europe, bringing five Americans with him. Baker had never lived abroad and moved with some trepidation. But the entrepreneurial energy in supposedly hidebound Europe surprised him. "If you are plugged into the right networks, it's very reminiscent of what's going on in Silicon Valley," he says. "More and more people are going to wake up to the opportunity." Read More