Number of the Day: 40,000
That's the number of companies setting up shop in Berlin each year. Many are tech entrepreneurs, attracted to the city's relatively low cost of living and young demographic.
As Bloomberg TV's Cristina Alesci reports, the poster child for Berlin's burgeoning tech hub is SoundCloud, which grew by about a hundred employees last year. But as the segment points out, the capital of Germany will still need to prove that its startup scene can "turn into something serious and big."