3 ms·

1. so what 2. asml

• apexalpha 11mo ago
  1. Big problem 2. ASML was propped up by ASM and Philips, stepping in as "VCs"
  • didibus 11mo ago
    For VC don't you need a lot of capital and people with too much money? Isn't that then a chicken and egg?
    • deleted 11mo ago
      [deleted]
    • JumpCrisscross 11mo ago
      > and people with too much money? No. VC’s historical capital has come from institutional investors. Pensions. Endowments. Foundations.
      • didibus 11mo ago
        Interesting, is that still the case? And how is the decision to take those high risk investments made for things like pensions and such?
• rvz 11mo ago
  1. It matters. 2. Did ASML invest in Mistral in their first round of venture funding or was it US VCs all along that took that early risk and backed them from the very start? Risk aversion is in the DNA and in almost every plot of land in Europe such that US VCs saw something in Mistral before even the european giants like ASML did. ASML would have passed on Mistral from the start and Mistral would have instead begged to the EU for a grant.