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. Conversely you could blame the LP's (limited partners: the investors in venture funds) and say they are the one's not risking it enough. Unfortunately, all ships do not rise with the tide.
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