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I have no doubt that VC money is the lowest in Europe of those three. I wonder though how significant this metric really is, especially if the large developping countries of eastern Europe are included. Wouldn't a VC money per startup/founder be more interesting?

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Depending on definition Europe can have more than 700 million people and it often includes Turkey and Russia:

http://en.wikipedia.org/wiki/Demographics_of_Europe

But I would think that they are referring to European Union nations???

http://en.wikipedia.org/wiki/File:Europe,_EU,_candidates,.pn...

Also does the VC numbers for Israel include the population of the Israeli occupied territories or just those who have full Israeli citizenship?

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