well, offtopic here, but in short: we initially funded two projects, one of them died before the launch (product almost ready but delayed multiple times), and t

well, offtopic here, but in short: we initially funded two projects, one of them died before the launch (product almost ready but delayed multiple times), and the other one is doing well but needs to grow a lot faster (with the founders having very different views about marketing and growth strategies than us, tho). Another startup that i'm a founder/coder of is about to launch in our first city in April. But yeah, Europe is tough - you can basically ignore public funding (just like everywhere else, but here people don't know that it would be better if they burned that money), nor expect to find competent angels. What we're doing is still the same: create space where hackers can meet and projects start, and then provide advice and possibly initial funding, so that promising projects don't die for the wrong reasons.