Five Rookies enterprises “generates” on average each unicornthat is, a company with a valuation of more than $1 billion, in Europe and Israelaccording to a new company report venture capital.

In particular, out of 535 unicorn companies in the region, 221 led to the creation of 1171 startups, nurturing talents who then discover their own business ventures. The most typical examples include Spotifyfrom which 21 new companies emerged, Delivery Hero with 32 new companies and Criteo with 31 startups.

In the startup world, this proliferation of companies from a common base is called the “mafia.” Mafias are just those companies that are founded by other people’s employees. technology enterprises and led to the creation of some giants in the industry. For example, from its American giant PayPalElon Musk started installing it Tesla and space company SpaceX.

Venture capitalists claim that these entrepreneurs took their cue from the risk-taking culture that prevailed in Silicon Valley but did not catch on in Europe for years. But it began to take shape with the emergence of mature digital platforms such as Skypefrom which Atomico Venture Fund and his giant fintech, Wise. Now, the largest “laboratories” of new business in Geria Epirus are fintech, as almost 20% of European startups are the result of unicorns in this sector.

Workers in Europe and Israel tend to prefer their cities for starting new businesses. In particular, Accel’s data shows that at least half of the new companies were created in the same city as the unicorn they originated from. Tel Aviv, in particular, is the largest hub for business breeding, with 127 start-ups from 33 unicorns. According to Accel, London has always been the city with the most mafias, with 27 unicorns and 185 start-ups, while Berlin follows with 25 unicorns and 165 start-ups.

At least 59% of startups created by mafiosi have already received funding from venture capital. In fact, 45% of them have raised between $1 million and $10 million in investment, while 30% have raised over $10 million.

The same review also makes clear the qualifications required to start your own company. In particular, these “second generation” founders take an average of 28 months to found a company, and their average age is 33 years. Finally, the average time it takes a startup to reach a $1 billion valuation in Europe is seven years.