VCs hope Europe’s cloud will produce a $1 billion exit

Everyone’s getting high on cloud technology. But who are the successful data center startups, what are VCs looking for are what kind of deal flow is Europe seeing?

GigaOM senior writer David Meyer discussed the issue with Index Ventures general partner Bernard Dallé, DFJ Esprit partner Richard Marsh and T-Venture Holding CEO Georg Schwegler during a panel on day one of GigaOM’s Structure:Europe conference in Amsterdam.

Check out the rest of our Structure Europe 2012 live coverage here, and a video recording of the session follows below.