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It's always been my understanding that VCs in Europe are extremely risk averse. The whole point of this EU funding is because the endeavor is so risky. So why w
by VWWHFSfQ 4y ago
It's always been my understanding that VCs in Europe are extremely risk averse. The whole point of this EU funding is because the endeavor is so risky. So why would you withhold the funding with the expectation that VCs are going to pick it up in the meantime and then just give it to them later. It doesn't really make any sense. The funding is supposed to fund the research.
- londons_explore 4y agoWell the risk is much lower if the EU government is the one promising to repay your investment, then a tiny startup... So you are more likely to get money from risk averse investors. The real problem is that in a high interest rate world, the EU will need to pay substantially more money later than they have to pay now for the investor to think it is a good plan.