Chronic Under-financing of EU Start-ups Driven by Mindset
Babbling VC
JANUARY 7, 2011
I personally believe that one of the major drawbacks to venture capital in Europe is chronic under-financing and people skirt around this issue. Hence, financing rounds have been smaller (roughly a ratio of 5 to 1 when comparing US to EU). Even Dropbox and Etsy have done far larger rounds to finance their growth.
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