Europe has lots of capital but when it comes to capital “Europe” is not a singular entity. Its surprisingly difficult for a fund in country A to invest in a pri

Europe has lots of capital but when it comes to capital “Europe” is not a singular entity. Its surprisingly difficult for a fund in country A to invest in a privately held company of country B. The whole thing about the lack of big tech in Europe is partially caused by this fragmentation. In areas where the EU broke down those barriers (such as manufacturing) Europe is significantly more competitive than the US.