Chronic Under-financing of EU Start-ups Driven by Mindset
Babbling VC
JANUARY 7, 2011
You could say the entrepreneurs aren't thinking big enough and hence aren't selling a vision worth financing with larger rounds. Even if they enter with a low 2 or 3 million round, they are easily able to scale the business quickly with additional capital. Further, VC's will have to simply learn to syndicate more and work together.
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