You Think You Screwed Up? Have I Got a Story for You!
Babbling VC
DECEMBER 5, 2010
This was absolutely catastrophic to the business as new investors were swayed by an insider (a reputable one at that) not going along with the investment. In Germany alone, there was something like 85 active funds in 2000. Running around Europe trying to find lead investors for these businesses was priority number 1.
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