Had a friend that recently washed out of SoundCloud and returned to the U.S. I spent some time there and went to the disrupt Europe when it was in Berlin. I might be able to swing it long term as my wife has an Italian passport but would be a longer process with that.
Seemed like when I was there it was something about a rocket and cloning US tech and SoundCloud were the two big games in town.
Has there gotten to be a more critical mass of companies there recently?