Chronic Under-financing of EU Start-ups Driven by Mindset
Babbling VC
JANUARY 7, 2011
Even if they enter with a low 2 or 3 million round, they are easily able to scale the business quickly with additional capital. This leads to founders being able to hire the best people, get subsidiaries in place in the US or elsewhere and grow far faster than their competitors in the EU with far less money.
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