> [The] question is how you . . . get Europe to regain self-confidence. I’ve never seen anybody succeeding with a lack of confidence,” The post starts with thi

> [The] question is how you . . . get Europe to regain self-confidence. I’ve never seen anybody succeeding with a lack of confidence,” The post starts with this quote but the recommendations don't address it. I only semi-jokingly consider there to be a physical continuum from the Bay Area to Europe. In the Bay Area, investors tend to be more afraid of missing out on upside than they are on losing their money. The further east you go (NY, Boston) the more risk averse (and thus the worse the financing terms). By the time you reach Europe, the fear of loss dwarfs the FOMO, thus the deals are few and small, with onerous terms. It's simply hard to get a business airborne in Europe. The only significant exception I can think of to this exception is Hermann Hauser, and though he is European he actually did all his investing in the UK